Atlas Energy
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Atlas Energy LLC (ATN), based in Moon Township, PA (Pittsburgh metro area), is a subsidiary of Atlas America, Inc. (ATLS). It owns all of the production assets of the parent company which are substantially located in the Appalachian Basin. A September, 2008 report stated that Atlas had 78 vertical Marcellus shale wells drilled and one horizontal one. 69 wells fed into a pipeline.
Atlas was reported in September, 2008 to be an investor along with CONSOL Energy Company of approximately $100 million in the western Pennsylvania counties of Westmoreland and Allegheny.
According to an October, 2008 report, Atlas owns drilling rights to roughly 587,000 acres of Pennsylvania Marcellus shale, and has invested in excess of $50 million.
It is organized similar to a limited partnership run by the parent company, ATLS. The later, also has another subsidiary, Atlas Pipeline Partners (APL), which owns and operates a network of gas pipelines.
Atlas was reported to be actively leasing drilling rights in Greene County, Pennsylvania.
Richard Weber is president of Atlas Energy.
Edward E. Cohen, Ph.D. is CEO of the company.