SECOND AMENDMENT TO CREDIT AGREEMENT
This Second Amendment to Credit Agreement (this "Amendment") is made
effective as of the 30th day of October, 2003, by and among ATLAS AMERICA, INC.,
a Delaware corporation (the "Borrower"); AIC, INC., a Delaware corporation
("AIC"); ATLAS ENERGY CORPORATION an Ohio corporation ("AEC"); ATLAS AMERICA,
INC., a Pennsylvania corporation ("Atlas PA"); ATLAS ENERGY GROUP, INC., an Ohio
corporation ("Atlas Energy"); ATLAS ENERGY HOLDINGS, INC., a Delaware
corporation ("Atlas Holdings"), ATLAS NOBLE CORP., a Delaware corporation
("Atlas Noble"); ATLAS RESOURCES, INC., a Pennsylvania corporation ("Atlas
Resources"); REI-NY, INC., a Delaware corporation ("REI"); RESOURCE AMERICA,
INC., a Delaware corporation ("Parent"); RESOURCE ENERGY, INC., a Delaware
corporation ("Resource Energy"); and VIKING RESOURCES CORPORATION, A
Pennsylvania corporation ("Viking"), (AIC, AEC, Atlas Energy, Atlas Holdings,
Atlas Noble, Atlas PA, Atlas Resources, Parent, REI, Resource Energy, and Viking
collectively, the "Guarantors" the Borrower and the Guarantors herein
collectively, the "Obligors"); each of the lenders that is a signatory hereto
(individually, together with its successors and assigns, a "Lender" and,
collectively, the "Lenders"); WACHOVIA BANK, NATIONAL ASSOCIATION, as
administrative agent for the Lenders (in such capacity, together with its
successors in such capacity the "Administrative Agent"), UNION BANK OF
CALIFORNIA, N.A. as Syndication Agent ("Syndication Agent") and WACHOVIA BANK,
NATIONAL ASSOCIATION, as issuing bank (in such capacity, together with its
successors in such capacity, the "Issuing Bank").
R E C I T A L S:
A. The parties hereto are parties to the Credit Agreement dated July
31, 2002 pursuant to which the Lenders agreed to loan up to $75,000,000 to
Borrower, which Credit Agreement was amended effective September 29, 2003, under
that certain First Amendment to Credit Agreement (the Credit Agreement as so
amended is herein called the "Original Agreement").
B. Borrower has requested that Administrative Agent and Lenders consent
to amend the Original Agreement as provided herein, subject to the terms and
conditions hereof.
NOW, THEREFORE, in consideration of the foregoing, and intending to be
legally bound, the parties agree as follows:
SECTION 1. Terms Defined in Agreement. As used in this Amendment,
except as may otherwise be provided herein, all capitalized terms which are
defined in the Original Agreement shall have the same meaning herein as therein,
all of such terms and their definitions being incorporated herein by reference.
The Original Agreement, as amended by this Amendment, is hereinafter called the
"Agreement."
SECTION 2. Amendment to Agreement. Subject to the conditions precedent
set forth in Section 3 hereof, the Original Agreement is hereby amended as
follows:
(a) Section 9.04 Investments, Loans and Advances. Section 9.04
of the Agreement is hereby amended and restated as follows:
1
"Section 9.04 Investments, Loans and Advances. None of the
Subsidiary Obligors nor any of their Subsidiaries will make or permit
to remain outstanding any loans or advances to or investments in any
Person, except that the foregoing restriction shall not apply to:
(a) accounts receivable arising in the ordinary course of
business;
(b) direct obligations of the United States or any agency
thereof, or obligations guaranteed by the United States or any
agency thereof, in each case maturing within one year from the
date of creation thereof;
(c) commercial paper maturing within one year from the date of
creation thereof rated in the highest grade by Standard &
Poor's Corporation or Xxxxx'x Investors Service, Inc.;
(d) deposits maturing within one year from the date of
creation thereof with, including certificates of deposit
issued by, any Lender or any office located in the United
States of any other bank or trust company which is organized
under the laws of the United States or any state thereof, has
capital, surplus and undivided profits aggregating at least
$100,000,000.00 (as of the date of such Lender's or bank or
trust company's most recent financial reports) and has a short
term deposit rating of no lower than A2 or P2, as such rating
is set forth from time to time, by Standard & Poor's
Corporation or Xxxxx'x Investors Service, Inc., respectively;
(e) deposits in money market funds investing exclusively in
investments described in Section 9.04(c), or 9.04(d);
(f) investments, loans or advances in or to the Borrower or
any Subsidiary permitted under Section 9.01(g);
(g) investments, loans or advances to fund Obligor's capital
contributions under the Partnerships as provided under Section
7.07 (iii); and
(h) other investments, loans or advances not to exceed in the
aggregate $2,000,000."
(b) Schedule 7.14. Schedule 7.14 attached to the Original
Agreement is hereby deleted and replaced in its entirety by Schedule
7.14 attached to this Amendment.
SECTION 3. Conditions of Effectiveness. The obligations of
Administrative Agent and Lenders to amend the Original Agreement as provided in
this Amendment is subject to the fulfillment of the following conditions
precedent:
(a) Borrower shall deliver to Administrative Agent and Lenders
multiple counterparts of this Amendment, duly executed by the Obligors;
2
(b) Atlas Resources and Resource Energy shall deliver to
Administrative Agent and Lenders multiple counterparts of the
Supplemental Security Agreement and Amendment to Financing Statement in
form attached hereto as Exhibit A adding such additional Partnerships
to the Collateral pledged by such Guarantors under their original
Security Agreement and Financing Statements.
(c) Borrower shall have paid all accrued and unpaid legal fees
and expenses referred to in Section 12.03 of the Original Agreement and
Section 6 hereof to the extent invoices for such fees and expenses have
been delivered to Borrower.
SECTION 4. Representations and Warranties of Obligors. Each of the
Obligors represents and warrants to Administrative Agent and Lenders, with full
knowledge that Administrative Agent and Lenders are relying on the following
representations and warranties in executing this Amendment, as follows:
(a) Each Obligor has the organizational power and authority to
execute, deliver and perform this Amendment and such other Loan
Documents executed in connection herewith, and all organizational
action on the part of such Person requisite for the due execution,
delivery and performance of this Amendment and such other Loan
Documents executed in connection herewith has been duly and effectively
taken.
(b) The Original Agreement as amended by this Amendment and
the Loan Documents and each and every other document executed and
delivered in connection with this Amendment to which any Obligor is a
party constitute the legal, valid and binding obligations of each
Obligor to the extent it is a party thereto, enforceable against such
Person in accordance with their respective terms.
(c) This Amendment does not and will not violate any
provisions of any of the Organization Documents of any Obligor, or any
contract, agreement, instrument or requirement of any Governmental
Authority to which Borrower is subject. Obligors' execution of this
Amendment will not result in the creation or imposition of any lien
upon any properties of any Obligor other than those permitted by the
Original Agreement and this Amendment.
(d) Execution, delivery and performance of this Amendment by
Obligors does not require the consent or approval of any other Person,
including, without limitation, any regulatory authority or governmental
body of the United States of America or any state thereof or any
political subdivision of the United States of America or any state
thereof.
(e) No Default or Event of Default exists and all of the
representations and warranties contained in the Original Agreement and
all instruments and documents executed pursuant thereto or contemplated
thereby are true and correct in all material respects on and as of this
date other than those which have been disclosed to Administrative Agent
and Lenders in writing.
3
(f) Nothing in this Section 4 of this Amendment is intended to
amend any of the representations or warranties contained in the
Agreement or of the Loan Documents to which any Obligor is a party.
SECTION 5. Reference to and Effect on the Agreement.
(a) Upon the effectiveness of Sections 1 and 2 hereof, on and
after the date hereof, each reference in the Original Agreement to
"this Agreement," "hereunder," "hereof," "herein," or words of like
import, shall mean and be a reference to the Original Agreement as
amended hereby.
(b) Except as specifically amended by this Amendment, the
Agreement shall remain in full force and effect and is hereby ratified
and confirmed.
SECTION 6. Cost, Expenses and Taxes. Borrower agrees to pay on demand
all reasonable costs and expenses of Administrative Agent in connection with the
preparation, reproduction, execution and delivery of this Amendment and the
other instruments and documents to be delivered hereunder, including reasonable
attorneys' fees and out-of-pocket expenses of Administrative Agent. In addition,
Borrower shall pay any and all recording and filing fees payable or determined
to be payable in connection with the execution and delivery, filing or recording
of this Amendment and the other instruments and documents to be delivered
hereunder, and agrees to save Administrative Agent harmless from and against any
and all liabilities with respect to or resulting from any delay in paying or
omission to pay such taxes or fees.
SECTION 7. Extent of Amendments. Except as otherwise expressly provided
herein, the Original Agreement and the other Loan Documents are not amended,
modified or affected by this Amendment. Obligors ratify and confirm that (i)
except as expressly amended hereby, all of the terms, conditions, covenants,
representations, warranties and all other provisions of the Original Agreement
remain in full force and effect, (ii) each of the other Loan Documents are and
remain in full force and effect in accordance with their respective terms, and
(iii) the Collateral is unimpaired by this Amendment.
SECTION 8. Disclosure of Claims. As additional consideration to the
execution, delivery, and performance of this Amendment by the parties hereto and
to induce Lenders to enter into this Amendment, each Obligor represents and
warrants that no Obligor knows of no defenses, counterclaims or rights of setoff
to the payment of any Indebtedness.
SECTION 9. Affirmation of Security Interest. Obligors hereby confirm
and agree that any and all liens, security interest and other security or
Collateral now or hereafter held by Administrative Agent for the benefit of
Lenders as security for payment and performance of the Obligations hereby under
such Security Instruments to which such Obligor is a party are renewed and
carried forth to secure payment and performance of all of the Obligations. The
Security Instrument are and remain legal, valid and binding obligations of the
parties thereto, enforceable in accordance with their respective terms.
4
SECTION 10. Execution and Counterparts. This Amendment may be executed
in any number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered shall be deemed to be
an original and all of which taken together shall constitute but one and the
same instrument. Delivery of an executed counterpart of this Amendment by
facsimile and other Loan Documents shall be equally as effective as delivery of
a manually executed counterpart of this Amendment and such other Loan Documents.
SECTION 11. Governing Law. This Amendment shall be governed by and
construed in accordance with the laws of the State of Texas.
SECTION 12. Headings. Section headings in this Amendment are included
herein for convenience and reference only and shall not constitute a part of
this Amendment for any other purpose.
SECTION 13. NO ORAL AGREEMENTS. THE ORIGINAL AGREEMENT (AS AMENDED BY
THIS AMENDMENT) AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT
BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.
THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.
[The remainder of this page intentionally blank. Signature pages to follow.]
5
IN WITNESS WHEREOF, the parties have executed this Amendment to Credit Agreement
the day and year first above written.
BORROWER:
ATLAS AMERICA, INC., a Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
GUARANTORS:
AIC, INC., a Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
ATLAS AMERICA, INC., a Pennsylvania corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
ATLAS ENERGY CORPORATION, An Ohio corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
ATLAS ENERGY GROUP, an Ohio corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
S-1
Signature Page to Second Amendment to Credit Agreement
ATLAS ENERGY HOLDINGS, INC., a
Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
ATLAS NOBLE CORP., a
Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
ATLAS RESOURCES, INC., a
Pennsylvania corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
REI-NY, INC., a
Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
RESOURCE AMERICA, INC., a
Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
S-2
Signature Page to Second Amendment to Credit Agreement
RESOURCE ENERGY, INC., a
Delaware corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
VIKING RESOURCES CORPORATION, a
Pennsylvania corporation
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
S-3
Signature Page to Second Amendment to Credit Agreement
LENDER, ADMINISTRATIVE AGENT AND
ISSUING BANK:
WACHOVIA BANK, NATIONAL ASSOCIATION
Individually, Administrative Agent and
Issuing Bank
By:____________________________________________
Xxxxxxx Xxxxxxxx
Director
S-4
Signature Page to Second Amendment to Credit Agreement
LENDER AND SYNDICATION AGENT
UNION BANK OF CALIFORNIA, N.A.,
Individually and as Syndication Agent
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
By:____________________________________________
Name:__________________________________________
Title:_________________________________________
S-5
Signature Page to Second Amendment to Credit Agreement
SCHEDULE 7.14
PARTNERSHIP INTERESTS
------------------------------------------------------------------------------------------------------------------------------------
Progam# Program Name Managing General Partner Gross Well GP% LP%
Count
------------------------------------------------------------------------------------------------------------------------------------
19 VIKING RESOURCES 1999 LP Viking Resources Corporation 23 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
21 VIKING 89 CANTON Viking Resources Corporation 5 63.50% 36.50%
------------------------------------------------------------------------------------------------------------------------------------
22 VIKING 1990-2 ACCREDITED ONLY Viking Resources Corporation 3 54.85% 45.15%
------------------------------------------------------------------------------------------------------------------------------------
23 VIKING RESOURCES 1991-1 Viking Resources Corporation 6 60.79% 39.21%
------------------------------------------------------------------------------------------------------------------------------------
24 1991 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 11 35.32% 64.68%
------------------------------------------------------------------------------------------------------------------------------------
25 1991 XXXXX JOINT VENTURE Viking Resources Corporation 2 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
26 1992 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 5 35.26% 64.74%
------------------------------------------------------------------------------------------------------------------------------------
27 1992-2 VIKING RESOURCES Viking Resources Corporation 2 30.68% 69.32%
------------------------------------------------------------------------------------------------------------------------------------
28 1993 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 9 30.93% 69.07%
------------------------------------------------------------------------------------------------------------------------------------
29 1994 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 31 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
30 1995 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 46 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
31 1996 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 50 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
32 1997 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 45 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
33 1998 VIKING RESOURCES LTD.PSHP Viking Resources Corporation 32 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100039 CHAUTAUQUA JOINT VENTURE Resource Energy, Inc. 12 63.68% 0.00%
------------------------------------------------------------------------------------------------------------------------------------
100040 CMSV/RAI 1989 DRILLING PROGRAM Resource Energy, Inc. 15 19.98% 80.02%
------------------------------------------------------------------------------------------------------------------------------------
100042 RESOURCE AMERICA 1990 PIPELINE Resource Energy, Inc. 1 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100043 CMSV/RAI 1990 NATURAL GAS DEVL Resource Energy, Inc. 10 19.98% 80.02%
------------------------------------------------------------------------------------------------------------------------------------
100044 RA 1989 PIPELINE INCOME Resource Energy, Inc. 4 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100058 XXXXXX ASSOCIATES Resource Energy, Inc. 1 28.00% 72.00%
------------------------------------------------------------------------------------------------------------------------------------
100061 ROYAL ASSOCIATES Resource Energy, Inc. 1 7.50% 92.50%
------------------------------------------------------------------------------------------------------------------------------------
100062 WOOSTER ASSOCIATES Resource Energy, Inc. 1 24.10% 75.90%
------------------------------------------------------------------------------------------------------------------------------------
100071 XXXXXX YIELD PLUS Resource Energy, Inc. 38 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100072 XXXXXX YIELD PLUS II Resource Energy, Inc. 3 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100073 XXXXXX YIELD PLUS III Resource Energy, Inc. 26 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100074 XXXXXX YIELD PLUS IV Resource Energy, Inc. 32 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100075 XXXXXX YIELD PLUS V Resource Energy, Inc. 9 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100076 BRIGHTON INCOME PARTNERSHIP Resource Energy, Inc. 25 50.00% 50.00%
------------------------------------------------------------------------------------------------------------------------------------
100077 BRIGHTON/XXXXXXXXX DRILLING Resource Energy, Inc. 7 10.00% 90.00%
------------------------------------------------------------------------------------------------------------------------------------
100078 BUCKEYE 1991 INCOME PROGRAM LP Resource Energy, Inc. 19 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100079 XXXXX-XXXXXX 1993 DRLNG PROG Resource Energy, Inc. 88 0.00% 100.00%
------------------------------------------------------------------------------------------------------------------------------------
100080 XXXXX-XXXXXX 1994 Resource Energy, Inc. 66 0.00% 100.00%
------------------------------------------------------------------------------------------------------------------------------------
100081 EAST OHIO GAS DRILLING Resource Energy, Inc. 2 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100083 XXXXXXXXX INDUSTRIAL Resource Energy, Inc. 17 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100084 TWC YIELD PLUS 1991 Resource Energy, Inc. 31 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100803 SUNRAY ENERGY ASSOCIATES 1984 Resource Energy, Inc. 6 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100804 TRIANGLE ENERGY ASSOC. 1984 Resource Energy, Inc. 6 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100810 LANGASCO OHIO DRLG PTRS 1985 Resource Energy, Inc. 4 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100812 TRIANGLE ENERGY ASSOC. 1985 Resource Energy, Inc. 5 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100813 SCH JOINT VENTURE Resource Energy, Inc. 15 0.00% 100.00%
------------------------------------------------------------------------------------------------------------------------------------
100814 LANGASCO OHIO DRLG PTRS 1986 Resource Energy, Inc. 6 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100815 LANGASCO XXX INCOME PTRS 1986 Resource Energy, Inc. 67 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
Schedule 7.14
------------------------------------------------------------------------------------------------------------------------------------
Progam# Program Name Managing General Partner Gross Well GP% LP%
Count
------------------------------------------------------------------------------------------------------------------------------------
100817 LANGASCO INCOME PTRS 1987-1 Resource Energy, Inc. 35 0.50% 99.50%
------------------------------------------------------------------------------------------------------------------------------------
100818 LANGASCO INCOME PTRS 1987-II Resource Energy, Inc. 33 0.50% 99.50%
------------------------------------------------------------------------------------------------------------------------------------
100852 TD ENERGY ASSOCIATES 1983 Resource Energy, Inc. 3 1.43% 98.57%
------------------------------------------------------------------------------------------------------------------------------------
100853 TD ENERGY ASSOCIATES 1984 Resource Energy, Inc. 4 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100854 TD ENERGY ASSOCIATES 1985 Resource Energy, Inc. 4 1.00% 99.00%
------------------------------------------------------------------------------------------------------------------------------------
100855 TD/TRIANGLE ENERGY ASSOCIATES Resource Energy, Inc. 1 2.35% 97.65%
------------------------------------------------------------------------------------------------------------------------------------
100856 CLINCHER ENERGY ASSOC 1986 Resource Energy, Inc. 4 2.00% 98.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX LP #1 - 1985 Atlas Resources, Inc. 7 16.00% 84.00%
------------------------------------------------------------------------------------------------------------------------------------
100952 ATLAS ENERGY PARTNERS LP-1986 Atlas Resources, Inc. 7 16.00% 84.00%
------------------------------------------------------------------------------------------------------------------------------------
100953 ATLAS ENERGY PARTNERS LP-1987 Atlas Resources, Inc. 9 22.38% 77.62%
------------------------------------------------------------------------------------------------------------------------------------
100954 ATLAS ENERGY PARTNERS LP-1988 Atlas Resources, Inc. 9 24.36% 75.64%
------------------------------------------------------------------------------------------------------------------------------------
100955 ATLAS ENERGY PARTNERS LP-1989 Atlas Resources, Inc. 9 18.00% 82.00%
------------------------------------------------------------------------------------------------------------------------------------
100956 ATLAS ENERGY PARTNERS LP-1990 Atlas Resources, Inc. 12 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 10 Atlas Resources, Inc. 11 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 11 Atlas Resources, Inc. 14 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
100960 ATLAS ENERGY PARTNERS LP-1991 Atlas Resources, Inc. 11 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100961 ATLAS AMERICA SERIES 21-A Atlas Resources, Inc. 68 33.83% 66.17%
------------------------------------------------------------------------------------------------------------------------------------
100962 ATLAS AMERICA SERIES 21-B Atlas Resources, Inc. 89 34.00% 66.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 12 Atlas Resources, Inc. 13 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
100964 ATLAS ENERGY NINETIES - JV 92 Atlas Resources, Inc. 51 33.00% 67.00%
------------------------------------------------------------------------------------------------------------------------------------
100965 ATLAS ENERGY PARTNERS LP-1992 Atlas Resources, Inc. 5 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100966 ATLAS AMERICA SER 22-2002 LTD Atlas Resources, Inc. 51 32.53% 67.47%
------------------------------------------------------------------------------------------------------------------------------------
100967 ATLAS ENERGY NINETIES-PUBLIC 1 Atlas Resources, Inc. 14 24.00% 76.00%
------------------------------------------------------------------------------------------------------------------------------------
100968 ATLAS ENERGY NINETIES-1993 LTD Atlas Resources, Inc. 18 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
100969 ATLAS ENERGY PARTNERS LP-1993 Atlas Resources, Inc. 8 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100970 ATLAS ENERGY NINETIES-PUBLIC 2 Atlas Resources, Inc. 14 24.00% 76.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 14 Atlas Resources, Inc. 52 33.00% 67.00%
------------------------------------------------------------------------------------------------------------------------------------
100972 ATLAS ENERGY PARTNERS LP-1994 Atlas Resources, Inc. 11 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100973 ATLAS ENERGY NINETIES-PUBLIC 3 Atlas Resources, Inc. 26 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 15 Atlas Resources, Inc. 60 30.00% 70.00%
------------------------------------------------------------------------------------------------------------------------------------
100975 ATLAS AMERICA SER 23-2002 LTD Atlas Resources, Inc. 47 32.00% 68.00%
------------------------------------------------------------------------------------------------------------------------------------
100976 ATLAS AMERICA PUBLIC 11-2002 LTD Atlas Resources, Inc. 167 32.25% 67.75%
------------------------------------------------------------------------------------------------------------------------------------
100977 ATLAS ENERGY PARTNERS LP-1995 Atlas Resources, Inc. 6 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100978 ATLAS ENERGY NINETIES-PUBLIC 4 Atlas Resources, Inc. 32 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 16 Atlas Resources, Inc. 50 21.50% 78.50%
------------------------------------------------------------------------------------------------------------------------------------
100980 ATLAS ENERGY PARTNERS LP-1996 Atlas Resources, Inc. 13 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100981 ATLAS ENERGY NINETIES-PUBLIC 5 Atlas Resources, Inc. 36 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 17 Atlas Resources, Inc. 46 26.50% 73.50%
------------------------------------------------------------------------------------------------------------------------------------
100983 ATLAS ENERGY PARTNERS LP-1997 Atlas Resources, Inc. 6 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100984 ATLAS ENERGY NINETIES-PUBLIC 6 Atlas Resources, Inc. 55 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 18 Atlas Resources, Inc. 62 31.50% 68.50%
------------------------------------------------------------------------------------------------------------------------------------
100986 ATLAS ENERGY PARTNERS LP-1998 Atlas Resources, Inc. 19 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100987 EXPLORATION 1997 Atlas Energy Corporation 4 29.45% 70.55%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX ENERGY NINETIES - 19 Atlas Resources, Inc. 82 31.50% 68.50%
------------------------------------------------------------------------------------------------------------------------------------
100989 ATLAS ENERGY - PUBLIC #7 Atlas Resources, Inc. 64 31.00% 69.00%
------------------------------------------------------------------------------------------------------------------------------------
100990 ATLAS AMERICA SERIES #24-2003(A) LTD. Atles Resources, Inc. 75 32.63% 67.37%
------------------------------------------------------------------------------------------------------------------------------------
Schedule 7.14
------------------------------------------------------------------------------------------------------------------------------------
Progam# Program Name Managing General Partner Gross Well GP% LP%
Count
------------------------------------------------------------------------------------------------------------------------------------
100991 ATLAS AMERICA SERIES #24-2003(B) LTD. Atlas Resources, Inc. 115 33.22% 66.78%
------------------------------------------------------------------------------------------------------------------------------------
100994 ATLAS ENERGY PUBLIC #8 Atlas Resources, Inc. 58 29.00% 71.00%
------------------------------------------------------------------------------------------------------------------------------------
100995 ATLAS ENERGY 1999 Atlas Resources, Inc. 5 25.00% 75.00%
------------------------------------------------------------------------------------------------------------------------------------
100996 ATLAS AMERICA PUBLIC 9 LTD Atlas Resources, Inc. 83 29.00% 71.00%
------------------------------------------------------------------------------------------------------------------------------------
000000 XXXXX XXXXXXX SERIES 20 LTD Atlas Resources, Inc. 105 27.00% 73.00%
------------------------------------------------------------------------------------------------------------------------------------
100998 ATLAS AMERICA PUBLIC 10 LTD Atlas Resources, Inc. 107 32.00% 68.00%
------------------------------------------------------------------------------------------------------------------------------------
Schedule 7.14
EXHIBIT A
Form of Amendment to Security Agreement.
(to come)
Exhibit A
