Global Leader in International Oil and Gas Industry News

posted in:

Atlas Pipeline Partners, L.P. announces increased quarterly distribution of $0.58 per common unit

Thursday, Jan 24, 2013

PHILADELPHIA, Jan. 23, 2013 /PRNewswire/ --  Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership") announced today that the Partnership has declared a quarterly cash distribution for the fourth quarter of 2012 of $0.58 per common limited partner unit, payable Thursday, February 14, 2013 to holders of record as of Thursday, February 7, 2013. The fourth quarter distribution of $0.58 per common limited partner unit is the 9th increase in the previous 10 quarters.

Atlas Pipeline Partners, L.P. (NYSE: APL) is active in the gathering and processing segments of the midstream natural gas industry.  In Oklahoma, southern Kansas, northern and western Texas, and Tennessee, APL owns and operates 12 active gas processing plants, 18 gas treating facilities, as well as approximately 10,100 miles of active intrastate gas gathering pipeline.  APL also has a 20 percent interest in West Texas LPG Pipeline Limited Partnership, which is operated by Chevron Corporation. For more information, visit the Partnership's website at www.atlaspipeline.com or contact IR@atlaspipeline.com.

Atlas Energy, L.P. (NYSE: ATLS) is a master limited partnership which owns and operates the general partner of its midstream oil & gas subsidiary, Atlas Pipeline Partners, L.P., through all of the general partner interest, all the incentive distribution rights and an approximate 9 percent limited partner interest. Additionally, Atlas Energy owns all of the general partner Class A units and incentive distribution rights and an approximate 44 percent limited partner interest in its upstream oil & gas subsidiary, Atlas Resource Partners, L.P.  For more information, please visit the Partnership's website at www.atlasenergy.com, or contact Investor Relations at InvestorRelations@atlasenergy.com.

SOURCE Atlas Pipeline Partners, L.P.

To access over 3,000 of the latest oil projects from across the world visit Projects OGP for free trial today

posted in:

Other Oil & Gas News

Wood Group PSN first with Hess in Gulf of Mexico 24-05-2013
FTTN moves forward with Texas acquisitions as State’s oil production outpaces rivals 24-05-2013
Severstal to improve heavy plate quality for South Stream and Power of Siberia oil and gas projects 24-05-2013
Delek Group announces discovery of natural gas at the "Karish 1" exploratory well 24-05-2013
Max Petroleum Plc provide drilling update 24-05-2013
Tower Resources plc announces statement regarding the results of the Wingat-1 exploration well, Walvis Basin, Offshore Namibia 24-05-2013
Salamander announces North Kutei drilling insurance claim 24-05-2013
FMC Technologies awarded subsea equipment contract for Shell's Stones field 24-05-2013
Noble Energy announces Karish discovery in the Levant Basin offshore Israel 24-05-2013
Canacol Energy Ltd. provides Colombia and Ecuador operations update 24-05-2013