ATLAS AMERICA PUBLIC #10 LTD.

CIK:0001157516|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
REVENUES
Natural gas and oil	$ 60,800	$ 77,600	$ 119,100	$ 189,900
(Loss) gain on mark-to-market derivatives	(2,800)	(2,800)	(100)	200
Total revenues	58,000	74,800	119,000	190,100
COSTS AND EXPENSES
Production	99,500	100,400	187,200	220,600
Depletion		13,100		26,400
Accretion of asset retirement obligations	23,300	33,000	45,900	66,000
General and administrative	31,400	30,200	59,800	63,100
Total costs and expenses	154,200	176,700	292,900	376,100
Net loss	(96,200)	(101,900)	(173,900)	(186,000)
Allocation of net loss:
Managing general partner	(29,700)	(31,300)	(55,400)	(58,500)
Limited partners	$ (66,500)	$ (70,600)	$ (118,500)	$ (127,500)
Net loss per limited partnership unit	$ (32)	$ (33)	$ (56)	$ (60)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (173,900)	$ (186,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depletion		26,400
Non-cash loss (gain) on derivative value	7,000	(2,300)
Accretion of asset retirement obligations	45,900	66,000
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable trade-affiliate	(2,600)	83,500
Increase in asset retirement receivable-affiliate	(127,300)	(76,800)
Increase in accounts payable-affiliate	250,100	94,600
Increase (decrease) in accrued liabilities	600	(5,400)
Net cash used in operating activities	(200)	0
Cash flows from investing activities:
Proceeds from sale of tangible equipment	200	0
Net cash provided by investing activities	200	0
Cash flows from financing activities:
Net cash used in financing activities	0	0
Net change in cash	0	0
Cash at beginning of period	0	0
Cash at end of period	$ 0	$ 0

CONDENSED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 0	$ 0
Accounts receivable trade–affiliate	40,000	37,400
Current portion of derivative assets	6,800	18,400
Total current assets	46,800	55,800
Gas and oil properties, net	690,000	690,200
Long-term asset retirement receivable-affiliate	351,200	223,900
Total assets	1,088,000	969,900
Current liabilities:
Accounts payable trade-affiliate	553,100	303,000
Accrued liabilities	10,900	10,300
Put premiums payable-affiliate	4,600	8,500
Total current liabilities	568,600	321,800
Asset retirement obligations	2,484,900	2,439,000
Commitments and contingencies (Note 6)
Partners’ deficit:
Managing general partner’s deficit	(422,800)	(367,400)
Limited partners’ deficit (2,135 units)	(1,543,100)	(1,424,600)
Accumulated other comprehensive income	400	1,100
Total partners’ deficit	(1,965,500)	(1,790,900)
Total liabilities and partners’ deficit	$ 1,088,000	$ 969,900