Atlas America Public #14-2004 L.P.

CIK:0001294476|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, oil and liquids	$ 111,000	$ 130,900	$ 205,600	$ 358,900
(Loss) gain on mark-to-market derivatives	(4,500)	(3,800)	700	300
Total revenues	106,500	127,100	206,300	359,200
COSTS AND EXPENSES
Production	211,600	211,500	372,500	465,000
Depletion		23,000		49,200
Accretion of asset retirement obligations	46,900	77,700	93,900	155,500
General and administrative	51,700	45,500	92,200	96,800
Total costs and expenses	310,200	357,700	558,600	766,500
Net loss	(203,700)	(230,600)	(352,300)	(407,300)
Allocation of net loss:
Managing general partner	(69,600)	(83,700)	(123,400)	(151,200)
Limited partners	$ (134,100)	$ (146,900)	$ (228,900)	$ (256,100)
Net loss per limited partnership unit	$ (26)	$ (28)	$ (44)	$ (49)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (352,300)	$ (407,300)
Adjustments to reconcile net loss to net cash used in operating activities:
Depletion		49,200
Non cash loss (gain) on derivative value	10,000	(3,100)
Accretion of asset retirement obligations	93,900	155,500
Asset retirement obligations settled	(100)
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable trade-affiliate	(3,400)	51,200
Increase in asset retirement receivable-affiliate	(302,300)	(151,200)
Increase in accounts payable trade-affiliate	553,300	309,600
Increase (decrease) in accrued liabilities	900	(3,800)
Net cash used in operating activities		100
Cash flows from investing activities:
Net cash used in investing activities		0
Cash flows from financing activities:
Net cash used in financing activities	0
Net change in cash	0	100
Cash at beginning of period	0	200
Cash at end of period	$ 0	$ 300

CONDENSED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 0	$ 0
Accounts receivable trade -affiliate	81,900	78,500
Current portion of derivative assets	10,500	26,500
Total current assets	92,400	105,000
Gas and oil properties, net	2,144,800	2,144,800
Long-term asset retirement receivable-affiliate	783,300	481,000
Total assets	3,020,500	2,730,800
Current liabilities:
Accounts payable trade-affiliate	1,348,500	795,200
Accrued liabilities	12,000	11,100
Put premiums payable-affiliate	7,100	12,200
Total current liabilities	1,367,600	818,500
Asset retirement obligations	5,842,900	5,749,100
Commitments and contingencies (Note 6)
Partners’ deficit:
Managing general partner’s deficit	(571,000)	(447,600)
Limited partners’ deficit (5,256.95 units)	(3,619,600)	(3,390,700)
Accumulated other comprehensive income	600	1,500
Total partners’ deficit	(4,190,000)	(3,836,800)
Total liabilities and partners’ deficit	$ 3,020,500	$ 2,730,800