Atlas Resource Partners, L.P. (NYSE:ARP), which participates in the production of natural gas, crude oil, and natural gas liquids in various basins in the United States, reported some great drilling results in its latest quarter, laying a foundation for some significant production increases for the future.
The master limited partnership has an interest in "over 8,600 producing natural gas and oil wells, representing over 700 Bcfe of net proved developed reserves."
Along with the production of oil and gas, along with well construction, the company also is "also a leading sponsor of tax-advantaged direct investment natural gas and oil partnerships." It also manages them.
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It's active in the Mississippi Lime in Oklahoma, Barnett Shale in...