Atlas Energy, L.P. Announces New Revolving Credit Facility

Atlas Energy, L.P. (NYSE: AHD) (“Atlas”) announced today that it has established a new senior secured revolving credit facility with an initial borrowing base of $125 million, which matures on March 22, 2016. Atlas’ new facility replaces its previous $70 million revolving credit facility. The new credit facility immediately provides additional liquidity to Atlas for investment and working capital purposes.

Edward E. Cohen, Chief Executive Officer of Atlas Energy, L.P., stated, “We are pleased to have entered into this credit facility with our newly established bank group, and we look forward to working with them as we prepare to further expand our business in the very near future.”

Wells Fargo Securities, LLC and Citibank, N.A. were the lead arrangers for the credit facility, in which seven financial institutions are participating.

Atlas Energy, L.P. (NYSE: AHD), formerly Atlas Pipeline Holdings, L.P., is a master limited partnership which owns and operates the general partner of Atlas Pipeline Partners, L.P. (NYSE: APL), through which it owns a 2% general partner interest, all the incentive distribution rights and approximately 5.75 million common limited partner units of APL. Additionally, AHD owns an interest in over 8,500 producing natural gas and oil wells, representing over 185 Bcfe of net proved developed reserves. For more information, please visit our website at www.atlasenergy.com, or contact Investor Relations at [e-mail].

Safe Harbor for Forward-Looking Statements

This document contains forward-looking statements that involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Atlas Energy, L.P. (“Atlas Energy”) cautions readers that any forward-looking information is not a guarantee of future performance. Such forward-looking statements include, but are not limited to, statements about Atlas Energy’s future financial and operating results, resource potential, the potential effect of Atlas Energy’s ceasing to be a controlled company, the potential effect of Atlas Pipeline Partners’ sale of its interest in Laurel Mountain Midstream and Atlas Energy’s plans, objectives, expectations and intentions and other statements that are not historical facts. Although Atlas Energy believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, no assurance can be given that these expectations will be attained and it is possible that our actual circumstances and results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Other risk factors relating to Atlas Energy’s business and its industry are detailed from time to time in Atlas Energy’s reports filed with the U.S. Securities and Exchange Commission. Atlas Energy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The reader is directed to Atlas Energy’s filings with the U.S. Securities and Exchange Commission, including quarterly reports on Form 10-Q, reports on Form 8-K and its annual reports on Form 10-K, for a discussion of such risks and uncertainties.