Atlas Pipeline Partners, L.P. Announces Significant Expansion of Risk Management Program

PHILADELPHIA--(BUSINESS WIRE)--Atlas Pipeline Partners, L.P. (NYSE: APL) (“APL”, “Atlas Pipeline”, or the “Partnership”) announced today the successful expansion of the Partnership’s risk management program. The Partnership now has hedge positions in place for the 2012 calendar year for 76% of anticipated margins of natural gas, natural gas liquids (exclusive of ethane), and condensate. For natural gas liquids (ex-ethane) only, coverage increases to 83% and for condensate only the coverage is 82%. The average per gallon price for the natural gas liquids which are hedged under the coverage described above is $1.47 per gallon (ex-ethane) and average condensate protection for the period mentioned above is at an average hedged price of $95.56 per barrel.