Atlas Resource Partners (fka ARPJQ)

[Cousin IT]

Our target leverage is three and a half times debt to EBITDA and we hope to drive that even lower over time. Second, we are focused on providing long-term comfort around our distribution. Atlas Resources should be able to self-fund all capital investments while being able to provide a stable and substantial distribution. Finally, we are formally working to find a partner that will allow us to take advantage of this low commodity price environment and acquire assets which, over time, can be dropped down into ARP.