Atlas Energy Ltd. (Atlas) is a junior oil and gas company, focused on developing large resource plays in conventional heavy oil and shallow natural gas. The properties in which the Company has interests include Mooney, Alberta (74% working interest); Unity, Saskatchewan (100% working interest); Pike's Peak (100% working interest); Salt Lake, Saskatchewan (100% working interest); Southern Alberta (88% average drilling working interest), and Broadacres, Saskatchewan (100% working interest). The Company initiated its winter drilling and facilities construction program in the Mooney area of northern Alberta in November 2005. Atlas closed the acquisition of Avalon Resources Ltd. on November 25, 2005.
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