Atlas Energy, Inc. Announces $1.7 Billion Marcellus Shale Joint Venture with Reliance Industries

Atlas Management to Host Conference Call at 9AM ET on Monday, April 12^th to Discuss the Joint Venture Transaction

Atlas Energy, Inc. (NASDAQ: ATLS) (“Atlas” or “the Company”) announces today its entry into a joint venture transaction with a wholly owned affiliate of Reliance Industries Limited (“Reliance”), the largest private sector company in India and a global energy leader, pursuant to which Atlas will transfer an interest in its Marcellus Shale position equal to 120,000 net acres in a transaction valued at $1.7 billion. Reliance will pay approximately $340 million in cash upon closing and an additional $1.36 billion in the form of a drilling carry. Atlas will serve as the development operator for the joint venture. Reliance will have the option to operate in certain project areas in the coming years outside of Atlas’ core operating areas of Fayette, Greene, Washington, and Westmoreland Counties in southwestern Pennsylvania.

Bakken Stocks Directory Now at Investorideas.com Oil and Gas Stocks List

DELTA, B.C. March 19, 2010 ( Investorideas.com energy newswire) – www.Investorideas.com has recently added Bakken play stocks to the oil and gas stocks directory and reports on recent developments in the sector.

MDU Resources Subsidiary Announces Acreage Purchases in Bakken and Niobrara Formations

Mon Mar 15, 2010 -.BISMARCK, N.D.----Fidelity Exploration & Production Company, the wholly owned natural gas and oil production subsidiary of MDU Resources Group (NYSE: MDU), announced the acquisition of additional leasehold interests in the Bakken area of western North Dakota, and in the emerging oil shale play in the Niobrara formation in southeastern Wyoming and north-central Colorado.

Xcite Energy Limited Closes C$38.4 million (GBP 24.9 million) Placing

This Announcement Is Not for Release, Publication or Distribution in or Into the United States.

Xcite Energy (TSX-V: XEL) (LSE: XEL) (AIM: XEL), a developer of heavy oil assets in the UK North Sea, is pleased to announce that it has successfully raised gross proceeds of C$38.4 million (approximately GBP 24.9 million) through its previously reported placing of new ordinary shares, principally to institutional investors.

As a result of the placing 61,972,394 new Ordinary Shares have been issued at a price of C$0.62 (GBP 0.40) per Ordinary Share.

Delta Petroleum Corporation Announces the Signing of a Non-Binding Letter Of Intent to Sell a 37.5% Interest in its Vega Area Assets

Delta Petroleum Corporation (Delta) (Nasdaq: DPTR), an independent oil and gas exploration and development company, announced it has entered into a non-binding letter of intent with Opon International LLC (Opon) to sell a 37.5% non-operated working interest in the Company's Vega Area assets located in the Piceance Basin for total consideration of $400 million. It is expected that $225 million of the total consideration will be used by Delta for the development of the Vega Area over the next three years. Delta intends to use the remainder of the total consideration for its balance sheet obligations and general working capital purposes.

Delta has also agreed to issue to Opon at closing, warrants to purchase 13.3 million shares of Delta common stock at $1.50 per share and 5.7 million shares at $3.50 per share.