Atlas Resources Public #18-2009 (C) L.P.

CIK:0001433833|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
REVENUES
Natural gas	$ 191,900	$ 230,700	$ 565,000	$ 540,200
Gain on mark-to-market derivatives		5,700		7,500
Total revenues	191,900	236,400	565,000	547,700
COSTS AND EXPENSES
Production	193,700	218,900	465,600	630,000
Depletion	56,200	27,600	155,800	78,000
Accretion of asset retirement obligations	6,300	6,100	18,800	18,200
General and administrative	3,100	4,000	9,100	12,000
Total costs and expenses	259,300	256,600	649,300	738,200
Net income (loss) from continuing operations	(67,400)	(20,200)	(84,300)	(190,500)
Net income (loss) from discontinued operations	318,900	(1,100)	1,842,600	(435,100)
Net income (loss)	251,500	(21,300)	1,758,300	(625,600)
Allocation of net income (loss):
Managing general partner	170,200	116,700	801,200	227,400
Limited partners	$ 81,300	$ (138,000)	$ 957,100	$ (853,000)
Net income (loss) from continuing operations per limited partnership unit	$ (1)	$ (6)	$ (2)	$ (11)
Net income (loss) from discontinued operations per limited partnership unit	$ 5		$ 44	$ (26)

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income (loss)	$ 1,758,300	$ (625,600)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Net (income) loss from discontinued operations	(1,842,600)	435,100
Depletion	155,800	78,000
Non-cash loss on derivative value		57,000
Accretion of asset retirement obligations	18,800	18,200
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable trade-affiliate	17,300	(48,600)
Increase in asset retirement receivable-affiliate	(54,300)	(12,000)
(Decrease) increase in accrued liabilities	(1,300)	600
Net cash provided by (used in) continuing operating activities	52,000	(97,300)
Net cash provided by discontinued operating activities	3,363,800	2,315,600
Net cash provided by operating activities	3,415,800	2,218,300
Cash flows from financing activities:
Distributions to partners	(3,345,900)	(2,131,000)
Net cash used in financing activities	(3,345,900)	(2,131,000)
Net change in cash	69,900	87,300
Cash at beginning of period	254,600	170,900
Cash at end of period	$ 324,500	$ 258,200

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash	$ 324,500	$ 254,600
Accounts receivable trade–affiliate	66,000	83,300
Current assets held for sale (Note 3)		1,139,500
Total current assets	390,500	1,477,400
Gas and oil properties, net	1,614,400	1,770,200
Long-term asset retirement receivable-affiliate	100,500	46,200
Non-current assets held for sale (Note 3)		31,075,100
Total assets	2,105,400	34,368,900
Current liabilities:
Accrued liabilities	17,200	18,500
Current liabilities held for sale (Note 3)		39,700
Total current liabilities	17,200	58,200
Asset retirement obligations	751,300	732,500
Non-current liabilities held for sale (Note 3)		2,641,800
Commitments and contingencies (Note 5)
Partners’ capital:
Managing general partner’s interest	(341,500)	2,201,400
Limited partners’ interest (22,928.90 units)	1,678,400	28,735,000
Total partners’ capital	1,336,900	30,936,400
Total liabilities and partners’ capital	$ 2,105,400	$ 34,368,900