| Business Summary | | Atlas
Pipeline
Partners,
L.P.
owns
and
operates
12
natural
gas
pipeline
gathering
systems
in
Eastern
Ohio,
Western
New
York
and
Western
Pennsylvania.
As
of
December
31,
2000,
the
Company's
gathering
systems,
in
the
aggregate,
consisted
of
over
1,000
miles
of
intrastate
pipelines,
including
approximately
100
miles
of
intrastate
pipelines
Atlas
constructed
or
acquired
during
the
year
ended
December
31,
2000.
Atlas's
gathering
systems
served
approximately
3,000
wells
at
December
31,
2000,
with
an
average
monthly
production
for
the
year
then
ended
of
1.3
billion
cubic
feet
(bcf)
of
natural
gas.
During
the
period
from
commencement
of
operations
on
January
28,
2000,
through
December
31,
2000,
the
gathering
systems
transported
14.5
bcf
of
natural
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Atlas
Pipeline
Partners
is
engaged
in
the
acquisition
of
natural
pipeline
gathering
systems
owned
by
Atlas
America,
Resource
Energy
and
Viking
Resources.
For
the
six
months
ended
6/30/01,
revenues
totaled
$7.7
million,
up
from
$3.4
million.
Net
income
applicable
to
Limited
Partners
totaled
$4.8
million,
up
from
$2.4
million.
Revenues
reflect
acquisitions
and
higher
natural
gas
prices.
Higher
income
was
partially
offset
by
higher
compensation
costs. | More
from
Market Guide: Significant
Developments |
| | | Edward
E. Cohen,
Chmn Jonathan
Z. Cohen,
Vice
Chmn. Tony
C. Banks,
Pres. Michael
L. Staines,
COO/Secy. William
R. Seiler,
VP/Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|