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Re: CashCowMoo post# 1844

Tuesday, 09/03/2019 10:24:39 AM

Tuesday, September 03, 2019 10:24:39 AM

Post# of 2020
June 2019 "Atlas Growth Partners" Obviously, given the above dynamic plus our long history in the energy markets, we would prefer to be buyers and not sellers in today’s market. We believe we can be successful in acquiring attractive assets at attractive prices. We would now like to set a timeline and framework for when we expect to execute on a successful acquisition and/or drilling plan for our existing inventory. If we cannot begin the process of growing the partnership in the next 12 months, we will begin to evaluate a liquidation or monetization at some point in mid-2020. We certainly appreciate that many investors may want to monetize or liquidate the partnership sooner but we want to prove to our stakeholders that the optionality associated with generating additional value is a better alternative.

In conclusion, our management team and Board of Directors, which includes 3 independent directors, are trying to accomplish these goals with an eye towards speed and most importantly value creation. In most instances, if we are successful in our goal of maximizing the value of the partnership, we would anticipate that a restarting of the dividend will follow. We cannot promise that we will be successful in executing either strategy but we have now set a timeline to achieve these goals. We intend to evaluate the reception from this call in determining whether or not to host future similar conference calls. With that, I would like to thank everyone for joining us today and we look forward to continuing an open dialogue. We greatly appreciate the continued patience given the difficult commodity environment we have been in since late 2014 and we will make sure to reciprocate with additional communication.

Thank you.

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