U.S. Securities and Exchange Commission
Washington, D.C. 20549
AMENDED
FORM 10-KSB
(Mark One)
[ X ] ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended December 31, 1997
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D)
OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from _____ to _____
Commission file number 33-95330
Atlas-Energy for the Nineties-Public #4 Ltd.
(Name of small business issuer in its charter)
Pennsylvania 25-1772474
(State or other jurisdiction of (I.R.S.Employer Identification No,)
incorporation or organization)
311 Rouser Road, Moon Township, Pennsylvania 15108
(Address of principal executive offices) (Zip Code)
Issuer's telephone number (412) 262-2830
Securities registered under Section 12(b) of the Exchange Act
Title of each class Name of each
exchange
on which registered
None None
Securities registered under Section 12(g) of the Exchange Act
None
(Title of Class)
Check whether the issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes X
----
No ____
Check if there is no disclosure of delinquent filers in response
to Item 405 of Regulation S-B contained in this form, and no disclosure
will be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of
this Form 10-KSB or any amendment to this Form 10-KSB. [ X ]
State issuer's revenues for its most recent fiscal year.
$1,094,717
State the aggregate market value of the voting stock held
by non-affiliates of the Registrant. Not Applicable.
Transitional Small Business Disclosure Format (check one):
Yes X No
1997 FISCAL YEAR ANNUAL REPORT TO PARTICIPANTS
IN ATLAS-ENERGY FOR THE NINETIES-PUBLIC #4 LTD.
PURSUANT TO SECTION 4.03(B)(1) OF THE PARTNERSHIP AGREEMENT
March 31, 1998
(a) Audited financial statements of the Partnership for the fiscal
year ending December 31, 1997, are included in this report.
(b) The Partnership total fees and compensation including any
unaccountable, fixed payment reimbursements for Administrative
Costs and Operating Costs, paid by the Partnership, or indirectly
on behalf of the Partnership, to the Managing General Partner, the
Operator and their Affiliates. $176,976.
Percentage that the annual unaccountable fixed fee reimbursement
for Administrative Costs bears to annual Partnership revenues. 3.63%
<TABLE>
<CAPTION>
Approx. Wrkg Revenue
Well Completed Location Acres Int. Interest Cost
<S> <C> <C> <C> <C> <C> <C> <C>
Baun#2 Yes Mercer Co. PA 50 100% 87.50% $173,032.62
Buckley #1 Yes Mercer Co. PA 50 100% 87.50% $185,156.44
Clntn Irwin R&B Club 1 Yes Venango Co. PA 50 100% 87.50% $182,229.66
De Maria Unit #1 Yes Mercer Co. PA 40 100% 87.50% $193,450.87
Eperthener Unit#2 Yes Mercer Co. PA 50 100% 87.50% $177,568.86
Goebel Unit #1 Yes Mercer Co. PA 35 100% 87.50% $176,468.77
Grande #1 Yes Mercer Co. PA 50 100% 87.50% $189,381.68
Hamilton Yes Mercer Co. PA 50 100% 87.50% $193,223.54
Irwin Unit #1 Yes Mercer Co. PA 50 100% 87.50% $182,199.64
Irwin #2 Yes Mercer Co. PA 50 100% 87.50% $180,594.68
Ivancic #1 Yes Mercer Co. PA 50 100% 87.50% $188,227.00
Jones #1 Yes Venango Co. PA 50 100% 87.50% $189,925.47
Kalasky Unit #1 Yes Mercer Co. PA 48 100% 87.50% $170,106.90
Kloos #2 Yes Mercer Co. PA 50 100% 87.50% $168,268.92
McDowell #7 Yes Mercer Co. PA 50 100% 87.50% $166,525.86
McDowell #8 Yes Mercer Co. PA 50 100% 87.50% $178,734.57
McNeish Unit #1 Yes Mercer Co. PA 50 100% 87.50% $195,441.39
Philson #3 Yes Mercer Co. PA 50 100% 87.50% $168,136.39
Pirc #1 Yes Mercer Co. PA 50 100% 87.50% $214,947.59
Polick Unit #2 Yes Mercer Co. PA 50 100% 87.50% $172,199.87
Polick #3 Yes Mercer Co. PA 50 100% 87.50% $168,334.12
Rabold #3 Yes Mercer Co. PA 33 100% 87.50% $150,937.60
Rabold #5 Yes Mercer Co. PA 50 100% 87.50% $171,226.31
Rabold #6 Yes Mercer Co. PA 50 100% 87.50% $171,188.89
Robinson #1 Yes Mercer Co. PA 50 100% 87.50% $203,113.50
Shearer #1 Yes Mercer Co. PA 50 100% 87.50% $ 93,177.00
Smith Unit #5 Yes Mercer Co. PA 23 100% 87.50% $174,778.04
Snyder #8 Yes Mercer Co. PA 50 100% 87.50% $171,419.66
Struthers #5 Yes Mercer Co. PA 50 100% 87.50% $181,331.03
TD & Associates#1 Yes Mercer Co. PA 50 100% 87.50% $190,617.39
Thompson #4 Yes Mercer Co. PA 50 100% 87.50% $176,868.86
Vogan #2 Yes Mercer Co. PA 50 100% 87.50% $167,610.8
</TABLE>
(d) Quarterly distributions are made January, April, July and October.
There were four quarterly distributions in 1997 covering 12 production periods
To date there have been 6 quarterly payments covering 18 months of natural gas
production from the partnership's thirty two wells located in Mercer and
Venango County Pennsylvania.
Checks were sent on October 4, 1997 to each partner for a refund of unused
drilling funds, prorated according to their percentage interest in the
partnership. The total of unused drilling funds amounted to $38,610.
(e) There were no farmins and joint ventures in 1997.
(f) The Partnership had revenues in 1997. The following schedule reflects the
payment of Partnership costs in 1997.
Atlas Participant Total
Partnership
% Amount % Amount Costs
Organizing and Offering Costs 100% -0- -0- -0- -0-
Lease Costs 100% -0- -0- -0- -0-
Operating Costs 25% $9,944 75% $29,831 $39,775
Drilling and Completion Costs -0- -0- -0- -0- -0-
----------------------------------------------
TOTAL $9,944 $29,831 $39,775
(g) A quarterly cash receipts and disbursements statement is attached dated
October 1, 1997.
(2) 1997 Partner Form 1065 (K-1) was mailed to each partner on
February 20, 1998.
(3) Proved Reserves are found in the Audited Financials under Section 9.(3).
(4) There were various reports prepared by the Partnership and paid for
by the Participants.
January 4, 1997 $1,268.83
$1,050.00 accounting fees
$ 218.83 check printing fees
April 4, 1997 $4,397.50
$2,575.00 Prep 1065 and K-1 fee
$1,822.50 Legal Fees
July 4, 1997 $6,975.09
$ 480.98 check printing fees
$ 66.50 K-1 printing tax instructions
$ 144.11 printing audited financial statements
$1,577.50 Attorney fees preparation of 10-KSB
$4,356.00 Partnership Audit Fee
$ 250.00 SEC Form 10 KSB filing fee
$ 100.00 Miscellaneous Expense
Participants were notified of these costs on their Production and Earnings
Statement in each of the months fees expensed.
Audited Financial Statements Previously filed in the Form 10KSB for the Period
ending December 31, 1997 and received on March 31, 1998.
DATED: April 30, 1998
In accordance with Section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Atlas-Energy for the Nineties-Public #4 Ltd.
By: (Signature and Title):
Atlas Resources, Inc., Managing General Partner
By (Signature and Title): /s/ James R. O'Mara
----------------------
James R. O'Mara, President, Chief Executive Officer
and a Director
Date: April 30, 1998
In accordance with the Exchange Act, this report has been signed by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
By (Signature and Title): /s/ Charles T. Koval
-----------------------
Charles T. Koval, Chairman of the Board and a Director
Date: April 30, 1998
By (Signature and Title): /s/ James R. O'Mara
----------------------
James R. O'Mara, President, Chief Executive Officer and
a Director
Date: April 30, 1998
By (Signature and Title): /s/ Bruce M. Wolf
--------------------
Bruce M. Wolf, General Counsel, Secretary and a Director
Date: April 30, 1998
By (Signature and Title): /s/ Tony C. Banks
----------------------
Tony C. Banks, Vice President of Finance and Chief Financial Officer
Date: April 30, 1998
