Atlas Pipeline Partners Sells Gas Processing Facility to Penn Virginia Resource Partners

PHILADELPHIA--(Business Wire)--
Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL" or "Atlas Pipeline") announces
that it has sold a redundant natural gas processing facility ("the Sweetwater II
facility") for approximately $22.6 million in cash.

The purchaser, Penn Virginia Resource Partners, L.P. (NYSE: PVR), will provide
natural gas volumes to the Sweetwater II facility and will make reimbursement
for their proportionate share of plant operating expenses. APL will continue to
operate the Sweetwater processing complex following the transaction. In
addition, APL has entered into an agreement to gather gas for PVR and transport
it to the Sweetwater II facility located in Beckham County in western Oklahoma.
The property sold has been superseded by the new Nine Mile processing facility
completed earlier this year and likewise located in western Oklahoma. The
proceeds from the transaction will be used to reduce outstanding borrowings on
APL`s senior secured credit facility.

Gene Dubay, Chief Executive Officer of Atlas Pipeline, stated, "This sale is
consistent with our previously stated strategic objective to reduce indebtedness
in an accretive fashion. Happily, the transaction will help us further reduce
our operating expenses without compromising our revenues."

Atlas Pipeline Partners, L.P. is active in the transmission, gathering and
processing segments of the midstream natural gas industry. In the Mid-Continent
region of Oklahoma, Arkansas, southern Kansas, northern and western Texas and
the Texas panhandle, APL owns and operates eight active gas processing plants
and a treating facility, as well as approximately 7,900 miles of active
intrastate gas gathering pipeline and a 565-mile interstate natural gas
pipeline. In Appalachia, APL is a 49% joint venture partner with Williams in
Laurel Mountain Midstream, LLC, which manages the natural gas gathering system
in that region, namely from the Marcellus Shale in southwestern Pennsylvania.
For more information, visit the Partnership`s website at
www.atlaspipelinepartners.com or contact
investorrelations@atlaspipelinepartners.com.

Certain matters discussed within this press release are forward-looking
statements.Although Atlas Pipeline Partners, L.P. believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be
attained.Factors that could cause actual results to differ materially from
expectations include satisfaction of closing conditions, general industry
considerations, regulatory changes, changes in local or national economic
conditions and other risks detailed from time to time in Atlas Pipeline`s
reports filed with the SEC, including quarterly reports on Form 10-Q, reports on
Form 8-K and annual reports on Form 10-K.

Atlas Pipeline Partners, L.P.
Brian Begley
Investor Relations
(877) 280-2857
(215) 553-8455 (fax)

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