|                                             | United      States                                                                            |
|--------------------------------------------------|-----------------------------------------------------------------------------------------------|
|                                             | Securities      and Exchange Commission                                                       |
|                                             | Washington,      D.C. 20549                                                                   |
|                                             |                                                                                          |
|                                             | Form      10-KSB                                                                              |
| (Mark      One)                                  |
|                                             |                                                                                          |
| R                                                | ANNUAL      REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF      1934     |
|                                             |                                                                                          |
| For      the fiscal year ended December 31, 2007 |
|                                             |                                                                                          |
| o                                                | TRANSITION      REPORT UNDER SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|                                             |                                                                                          |
|                                             |                                                                                          |
|                                             | For      the transition period from _____ to _____                                            |
|                                             |                                                                                          |
|                                             | Commission      file number 333-90980                                                         |
|                                             |                                                                                          |
|                                             | ATLAS      AMERICA PUBLIC #11-2002 LTD.                                                       |
|                                             | (Name      of small business issuer in itscharter)                                            |

| Delaware                                                                                                                         |   | 02-0600231                                     |
|----------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|
| (State      or other jurisdiction of                                                                                             |   | (I.R.S.      Employer                          |
| Incorporation      or organization)                                                                                              |   | Identification      No)                        |
|                                                                                                                             |   |                                           |
| Westpointe      Corporate Center One                                                                                             |   |                                           |
| 1550      Coraopolis Heights Road, 2nd Floor                                                                                     |   |                                           |
| Moon      Township, PA                                                                                                           |   | 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 Investor General      Partner Units and Limited Partner Units |
| (Title      of Class)                                                                                                            |

| PART      I   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | PAGE   |
|---------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      1:  |   | Description      of Business                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 3-5    |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      2:  |   | Description      of Properties                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 5-9    |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      3:  |   | Legal      Proceedings                                                                                                                     | 9      |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      4:  |   | Submission      of Matters to a Vote of Security Holders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 9      |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| PART      II  |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      5:  |   | Market      for Registrant’s Common Equity and Related Security Holder      Matters                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 9-10   |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      6:  |   | Management’s      Discussion and Analysis of Financial Condition or Plan of      Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 10-15  |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      7:  |   | Financial      Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 16-32  |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      8:  |   | Changes      in and Disagreements with Accountants on Accounting and Financial      Disclosure                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 32     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      8A: |   | Controls      and Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 32-33  |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      8B: |   | Other      Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 33     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| PART      III |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      9:  |   | Directors,      Executive Officers and Significant Employees, Compliance with Section      (16a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |
|          |   | of      the Exchange Act                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 33-36  |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      10: |   | Executive      Compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 36     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      11: |   | Security      Ownership of Certain Beneficial Owners and Management                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 36     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      12: |   | Certain      Relationships and Related Party      Transactions                                                                                                                                                                                                                                                                                                                                                                                                                                      | 36-37  |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      13: |   | Exhibits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 37     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| Item      14: |   | Principal      Accountant Fees and      Services                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 37     |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
| SIGNATURES    |   | 38                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

| ·   | well      tending, routine maintenance andadjustment; |
|--------------------|-------------------------------------------------------|

| ·   | reading      meters, recording production, pumping, maintaining appropriate books and      records; and |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | preparing      reports to us and to governmentagencies. |
|--------------------|---------------------------------------------------------|

| ·   | new      well permit and well registration requirements, procedures and      fees; |
|--------------------|------------------------------------------------------------------------------------|

| ·   | minimum      well spacing requirements; |
|--------------------|-----------------------------------------|

| ·   | restrictions      on well locations and underground gasstorage; |
|--------------------|-----------------------------------------------------------------|

| ·   | certain      well site restoration, groundwater protection and safety      measures; |
|--------------------|--------------------------------------------------------------------------------------|

| ·   | landowner      notification requirements; |
|--------------------|-------------------------------------------|

| ·   | certain      bonding or other security measures; |
|--------------------|--------------------------------------------------|

| ·   | various      reporting requirements; |
|--------------------|--------------------------------------|

| ·   | well      plugging standards and procedures;and |
|--------------------|-------------------------------------------------|

| ·   | broad      enforcement powers. |
|--------------------|--------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | Number      of Producing Wells |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | Gross                          |   |   | Net |   |
| Gas                                                                                  |   |                           | 163    |   |   |   | 156.50 |   |
| Oil                                                                                  |   |                           | 4      |   |   |   | 4.00 |   |
| Total                                                                                                              |   |                           | 167    |   |   |   | 160.50 |   |

|              |   |                |   |   |               |   |    |                |   |   |                 |   |   | Average                    |   |
|-------------------|--------|---------------------|--------|--------|--------------------|--------|---------|---------------------|--------|--------|----------------------|--------|--------|----------------------------|--------|
| Year              |   |                |   |   |               |   |    | Average             |   |   | Production      Cost |   |
| Ended             |   | Production          |   |   | Sales      Price   |   |    | (Lifting      Cost) |   |
| December      31, |   | Oil      (bbls) (1) |   |   | Gas      (mcf) (1) |   |    | per      bbl (1)    |   |   | per      mcf (1)     |   |   | per      mcfe (1)      (2) |   |
| 2007              |   |                | 3,200  |   |               |   | 488,200 |                |   | $      | 65.80                |   |   | $                          | 8.79   |   |   | $ | 2.48 |   |
| 2006              |   |                | 4,100  |   |               |   | 578,900 |                |   | $      | 63.59                |   |   | $                          | 9.04   |   |   | $ | 2.00 |   |

| (1)   | “Mcf”      means one thousand cubic feet of natural gas.  “Mcfe” means a      thousand cubic feet equivalent.  Oil production is converted to      mcfe at the rate of six mcf per barrel(“bbl”). |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Lifting      costs include labor to operate the wells and related equipment, repairs      and maintenance, materials and supplies, property taxes, production taxes,      insurance and gathering charges. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | As      of December 31, |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 2007                    |   |   | 2006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                    |   |   |   |   |
| Natural      gas (per      mcf)                                                                            |   | $                       | 7.65   |   |   | $ | 6.26 |   |
| Oil      (per      bbl)                                                                                    |   |                    | 90.52  |   |   |   | 57.25 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | At      December 31, |       |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2007                 |       |   | 2006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                 |       |   |   |   |
| Natural      gas reserves – Proved Reserves (Mcf) (1)(4):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                 |       |   |   |   |
| Proved      developed reserves      (2)                                                                                                                                |   |                 | 4,524,100  |   |   |   | 4,980,000 |   |
| Total      proved reserves of natural      gas                                                                                                                                                  |   |                 | 4,524,100  |   |   |   | 4,980,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                 |       |   |   |   |   |   |
| Oil      reserves – Proved Reserves (Bbl) (1)(4)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                 |       |   |   |   |   |   |
| Proved      developed reserves      (2)                                                                                                                                |   |                 | 17,800     |   |   |   | 23,600 |   |
| Total      proved reserves of      oil                                                                                                                                                          |   |                 | 17,800     |   |   |   | 23,600 |   |
| Total      proved reserves      (Mcfe)                                                                                                   |   |                 | 4,630,900  |   |   |   | 5,121,600 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                 |       |   |   |   |   |   |
| PV-10      estimate of cash flows of proved reserves (3)(4):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                 |       |   |   |   |   |   |
| Proved      developed      reserves                                                                                                                                    |   | $                    | 10,481,900 |   |   | $ | 10,087,900 |   |
| Total      PV-10      estimate                                                                                                                                                                  |   | $                    | 10,481,900 |   |   | $ | 10,087,900 |   |
| PV-10      estimate per limited partner unit      (5)                                                                                    |   | $                    | 2,179      |   |   | $ | 2,130 |   |
| Undiscounted      estimate per limited partner unit (5)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $                    | 3,759      |   |   | $ | 3,627 |   |

| (1)   | “Proved      reserves” generally means the estimated quantities of crude oil, natural      gas, and natural gas liquids which geological and engineering data      demonstrate with reasonable certainty to be recoverable in future years      from known reservoirs under existing economic and operating conditions,      i.e., prices and costs as of the date the estimate is      made.  Prices include consideration of changes in existing      prices provided by contractual arrangements, but not escalations based on      future conditions.  Reservoirs are considered proved if economic      production is supported by either actual production or conclusive      formation test.  The area of a reservoir considered proved      includes: that portion delineated by drilling and defined by gas-oil      and/or oil-water contacts, if any; and the immediately adjoining portions      not yet drilled, but which can be reasonably judged as economically      productive on the basis of available geological and engineering      data. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | “Proved      developed oil and gas reserves” generally means reserves that can be      expected to be recovered through existing wells with existing equipment      and operating methods. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | “The      present value of estimated future net cash flows is calculated by      discounting estimated future net cash flows by 10%    annually. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | Please      see Regulation S-X rule 4-10 for complete definitions of each reserve      category. |
|-----------------|--------------------------------------------------------------------------------------------------|

| (5)   | This      value per $10,000 unit is determined by following the methodology used for      determining our proved reserves using the data discussed      above.  However, this value does not necessarily reflect the      fair market value of a unit, and each unit is illiquid.  Also      the value of a unit for purposes of presentment of the unit to our MGP for      purchase is different, because it is calculated under a formula set forth      in the partnership agreement. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | Developed      Acreage |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------|--------|
| Location                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | Gross      (1)         |   |   | Net      (2) |   |
| Pennsylvania                                                                               |   |                   | 4,465  |   |   |   | 4,370 |   |
| Ohio                                                                                       |   |                   | 100    |   |   |   | 100 |   |
| Total                                                                                                                                   |   |                   | 4,565  |   |   |   | 4,470 |   |

| (1)   | A      “gross” acre is an acre in which we own a working  interest. |
|-----------------|---------------------------------------------------------------------------------|

| (2)   | A      “net” acre equals the actual working interest we own in one gross acre      divided by one hundred.  For example, a 50% working interest in      an acre is one gross acre, but a .50 netacre. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | our      managing general partner consent; |
|--------------------|--------------------------------------------|

| ·   | the      transfer not result in materially adverse tax consequences to us;      and |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | the      transfer not violate federal or state securities  laws. |
|--------------------|------------------------------------------------------------------|

| ·   | the      assignor gives the assignee theright; |
|--------------------|------------------------------------------------|

| ·   | our      managing general partner consents to the  substitution; |
|--------------------|------------------------------------------------------------------|

| ·   | the      assignee pays to us all costs and expenses incurred in connection with the      substitution; and |
|--------------------|------------------------------------------------------------------------------------------------------------|

| ·   | the      assignee executes and delivers the instruments which our managing general      partner requires to effect the substitution and to confirm his or her      agreement to be bound by the terms of our partnership      agreement. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | $2,156,300      and $3,763,200 to our limited partners;and |
|--------------------|------------------------------------------------------------|

| ·   | $1,161,100      and $2,022,300 to our managing generalpartner. |
|--------------------|----------------------------------------------------------------|

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Years      Ended December 31, |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2007                          |   |   | 2006 |   |
| Production      revenues (in thousands):                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                          |   |   |   |   |
| Gas                                                                                                                          |   | $                             | 4,291  |   |   | $ | 5,234 |   |
| Oil                                                                                                                          |   | $                             | 209    |   |   | $ | 258 |   |
| Total                                                                                                                        |   | $                             | 4,500  |   |   | $ | 5,492 |   |
| Production      volumes:                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                          |   |   |   |   |   |   |
| Gas      (mcf/day) (2)                                                                                                       |   |                          | 1,338  |   |   |   | 1,586 |   |
| Oil      (bbls/day) (2)                                                                                                      |   |                          | 9      |   |   |   | 11 |   |
| Total      (mcfe/day) (2)                                                                                                    |   |                          | 1,392  |   |   |   | 1,652 |   |
| Average      sales price:                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                          |   |   |   |   |   |   |
| Gas      (per mcf) (1)      (2)                                                                                              |   | $                             | 8.79   |   |   | $ | 9.04 |   |
| Oil      (per bbl) (2)                                                                                                       |   | $                             | 65.80  |   |   | $ | 63.59 |   |
| Average      production costs:                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                          |   |   |   |   |   |   |
| As      a percent of      sales                                                                                              |   |                          | 28     | % |   |   | 22 | % |
| Per      mcfe (2)                                                                                                            |   | $                             | 2.48   |   |   | $ | 2.00 |   |
| Depletion      per      mcfe                                                                        |   | $                             | 4.21   |   |   | $ | 2.88 |   |

| (1)   | The      average sales price per mcf before the effects of hedging was $7.55 and      $8.11 for the years ended December 31, 2007 and 2006,      respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | “Mcf”      means thousand cubic feet; “mcfe” means thousand cubic feet equivalent and      “bbls” means barrels.  Bbls are converted to mcfe using the      ratio of six mcfs to one bbl. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Fixed      Price Swaps |               |   |                 |    |   |             |   |   |                 |   |
|------------------------|--------------------|--------|----------------------|---------|--------|------------------|--------|--------|----------------------|--------|
|                   | Twelve      Month  |   |                 |    |   | Average          |   |   | Fair      Value      |   |
|                   | Period      Ending |   | Volumes              |    |   | Fixed      Price |   |   | Asset/               |   |
|                   | December      31,  |   | (per      MMBTU) (1) |    |   | (per      MMBTU) |   |   | (Liability)      (2) |   |
|                   |               |   |                 |    |   |             |   |   |                 |   |
|                   | 2008               |   |                 | 320,400 |   |             | $      | 8.69   |                 |   | $ | 283,300 |   |
|                   | 2009               |   |                 | 310,900 |   |             |   | 8.31   |                 |   |   | (54,600 | ) |
|                   | 2010               |   |                 | 178,000 |   |             |   | 7.61   |                 |   |   | (155,400 | ) |
|                   | 2011               |   |                 | 94,800  |   |             |   | 7.37   |                 |   |   | (95,400 | ) |
|                   |               |   |                 |    |   |             |   |   |                 |   | $ | (22,100 | ) |

| Costless      Collars |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|-----------------------|--------------------|--------|---------------------|--------|----------------------|---------|--------|----------------------|--------------------|--------|----------------------|--------|
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|                  | Twelve      Month  |   |                |   |                 |    |   | Average              |               |   | Fair      Value      |   |
|                  | Period      Ending |   | Option              |   | Volumes              |    |   | Floor      & Cap |               |   | Asset/               |   |
|                  | December      31,  |   | Type                |   | (per      MMBTU) (1) |    |   | (per      MMBTU)     |               |   | (Liability)      (2) |   |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|                  | 2008               |   | Puts      purchased |   |                 | 30,900  |   |                 | $                  | 7.50   |                 |   | $ | 7,300 |   |
|                  | 2008               |   | Calls      sold     |   |                 | 30,900  |   |                 |               | 9.40   |                 |   |   | — |   |
|                  | 2010               |   | Puts      purchased |   |                 | 57,000  |   |                 |               | 7.75   |                 |   |   | — |   |
|                  | 2010               |   | Calls      sold     |   |                 | 57,000  |   |                 |               | 8.75   |                 |   |   | (18,800 | ) |
|                  | 2011               |   | Puts      purchased |   |                 | 142,400 |   |                 |               | 7.50   |                 |   |   | — |   |
|                  | 2011               |   | Calls      sold     |   |                 | 142,400 |   |                 |               | 8.45   |                 |   |   | (69,100 | ) |
|                  | 2012               |   | Puts      purchased |   |                 | 14,200  |   |                 |               | 7.00   |                 |   |   | — |   |
|                  | 2012               |   | Calls      sold     |   |                 | 14,200  |   |                 |               | 8.37   |                 |   |   | (9,300 | ) |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   | $ | (89,900 | ) |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |   |   |   |
|                  |               |   |                |   |                 |    |   |                 | Net      Liability |   |                 | $      | (112,000 | ) |

| (1)   | MMBTU      represents million British ThermalUnits. |
|-----------------|-----------------------------------------------------|

| (2)   | Fair      value based on forward NYMEX natural gasprices. |
|-----------------|-----------------------------------------------------------|

opinion on these financial statements based on ouraudits.

audit to obtain reasonableassurance about whether the financial statements are free of materialmisstatement. ThePartnership is not required to have, nor were we engaged to perform an 
audit of its internal control over financial reporting. Our 
audit included consideration of internal control over financialreporting as a basis for designing 
audit procedures that areappropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Partnership’s internalcontrol over financial reporting. Accordingly, we expressno such 
opinion. An 
audit also includes examining, on a test basis, evidence supportingthe amounts and disclosures in the financial statements, assessing theaccounting principles used and significant estimates made by management, as wellas evaluating the overall financial statement presentation. We believe that ouraudits provide a reasonable basis for our 
opinion.

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 2007   |       |   | 2006   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|
| ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |       |   |   |   |
| Current      assets:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |
| Cash      and cash      equivalents                                                                                                            |   | $      | 534,800    |   |   | $      | 701,700 |   |
| Accounts      receivable-affiliate                                                                                                             |   |   | 813,700    |   |   |   | 884,800 |   |
| Short-term      hedge receivable due from affiliate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | 297,600    |   |   |   | 765,600 |   |
| Total      current      assets                                                                                                                                               |   |   | 1,646,100  |   |   |   | 2,352,100 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
| Oil      and gas properties,      net                                                                                                          |   |   | 24,318,300 |   |   |   | 26,514,300 |   |
| Long-term      hedge receivable due from affiliate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | 44,500     |   |   |   | 660,900 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 26,008,900 |   |   | $      | 29,527,300 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
| LIABILITIES      AND PARTNERS’ CAPITAL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |       |   |   |   |   |   |
| Current      liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |       |   |   |   |   |   |
| Accrued      liabilities                                                                                                             |   | $      | 18,300     |   |   | $      | 18,000 |   |
| Short-term      hedge liability due to      affiliate                                                                                |   |   | 7,000      |   |   |   | 4,800 |   |
| Total      current      liabilities                                                                                                                                |   |   | 25,300     |   |   |   | 22,800 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
| Asset      retirement      obligation                                                                                                |   |   | 1,386,200  |   |   |   | 1,362,900 |   |
| Long-term      hedge liability due to      affiliate                                                                                 |   |   | 447,100    |   |   |   | 106,300 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |       |   |   |   |   |   |
| Partners’      capital:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |       |   |   |   |   |   |
| Managing      general      partner                                                                                                   |   |   | 6,999,200  |   |   |   | 7,295,700 |   |
| Limited      partners (3,126.55      units)                                                                                          |   |   | 17,263,100 |   |   |   | 19,424,200 |   |
| Accumulated      other comprehensive (loss) income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | (112,000   | )      |   |   | 1,315,400 |   |
| Total      partners'      capital                                                                                                                                            |   |   | 24,150,300 |   |   |   | 28,035,300 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 26,008,900 |   |   | $      | 29,527,300 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 2007   |      |   | 2006   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
| REVENUES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |      |   |   |   |
| Natural      gas and      oil                                                                                                       |   | $      | 4,499,500 |   |   | $      | 5,491,500 |   |
| Interest      income                                                                                                                |   |   | 27,600    |   |   |   | 31,700 |   |
| Total      revenues                                                                                                                                |   |   | 4,527,100 |   |   |   | 5,523,200 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |      |   |   |   |   |   |
| COSTS      AND EXPENSES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |      |   |   |   |   |   |
| Production                                                                                                                          |   |   | 1,258,400 |   |   |   | 1,208,900 |   |
| Depletion                                                                                                                           |   |   | 2,137,500 |   |   |   | 1,739,300 |   |
| Accretion      of asset retirement      obligation                                                                                  |   |   | 81,800    |   |   |   | 72,500 |   |
| General      and      administrative                                                                                                |   |   | 189,600   |   |   |   | 176,800 |   |
| Total      expenses                                                                                                                                          |   |   | 3,667,300 |   |   |   | 3,197,500 |   |
| Net      earnings                                                                                               |   | $      | 859,800   |   |   | $      | 2,325,700 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |      |   |   |   |   |   |
| Allocation      of net earnings (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |      |   |   |   |   |   |
| Managing      general      partner                                                                                                  |   | $      | 864,600   |   |   | $      | 1,263,500 |   |
| Limited      partners                                                                                                               |   | $      | (4,800    | )      |   | $      | 1,062,200 |   |
| Net      (loss) earnings per limited partnership unit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | $      | (2        | )      |   | $      | 340 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | December      31, |       |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 2007              |       |   | 2006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |              |       |   |   |   |
| Net      earnings                                                                                               |   | $                 | 859,800    |   |   | $ | 2,325,700 |   |
| Other      comprehensive (loss) income :                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |              |       |   |   |   |   |   |
| Unrealized      holding (loss) gain on hedging contracts                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |              | (824,300   | ) |   |   | 2,158,500 |   |
| Less:      reclassification adjustment for gains                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |              |       |   |   |   |   |   |
| realized      in net      earnings                                                                              |   |              | (603,100   | ) |   |   | (499,800 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |              | (1,427,400 | ) |   |   | 1,658,700 |   |
| Comprehensive      (loss)      income                                                                           |   | $                 | (567,600   | ) |   | $ | 3,984,400 |   |

|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       | Accumulated        |   |   |       |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|------------|--------|----------|--------|------------|--------------------|--------|--------|------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                       |   | Managing |       |   |     |   |       | Other              |   |   |       |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   | General  |       |   | Limited  |   |       | Comprehensive      |   |   |       |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   | Partner  |       |   | Partners |   |       | (Loss)      Income |   |   | Total      |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |
| Balance      at December 31, 2005                                                                                                                                                                                                                                                                                                                                                          |   | $        | 8,054,500  |   |     | $      | 22,125,200 |               |   | $      | (343,300   | )      |   | $ | 29,836,400 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Participation      in revenue and expenses:                                                                                                                                                                                                                                                                                                                                                |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Net      production      revenues                                                             |   |     | 1,498,900  |   |     |   | 2,783,700  |               |   |   | —    |   |   |   | 4,282,600 |   |
| Interest      income                                                                          |   |     | 11,100     |   |     |   | 20,600     |               |   |   | —    |   |   |   | 31,700 |   |
| Depletion                                                                                     |   |     | (159,200   | )      |     |   | (1,580,100 | )                  |   |   | —    |   |   |   | (1,739,300 | ) |
| Accretion      of asset retirement obligation                                                                                                                                                                                                                                                                                                                                              |   |     | (25,400    | )      |     |   | (47,100    | )                  |   |   | —    |   |   |   | (72,500 | ) |
| General      and      administrative                                                          |   |     | (61,900    | )      |     |   | (114,900   | )                  |   |   | —    |   |   |   | (176,800 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Net      earnings                                                                                                           |   |     | 1,263,500  |   |     |   | 1,062,200  |               |   |   | —    |   |   |   | 2,325,700 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Other      comprehensive      income                                                               |   |     | —    |   |     |   | —    |               |   |   | 1,658,700  |   |   |   | 1,658,700 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Distributions      to      partners                                                                |   |     | (2,022,300 | )      |     |   | (3,763,200 | )                  |   |   | —    |   |   |   | (5,785,500 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Balance      at December 31, 2006                                                                                                                                                                                                                                                                                                                                                          |   | $        | 7,295,700  |   |     | $      | 19,424,200 |               |   | $      | 1,315,400  |   |   | $ | 28,035,300 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Participation      in revenue and expenses:                                                                                                                                                                                                                                                                                                                                                |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Net      production      revenues                                                             |   |     | 1,134,400  |   |     |   | 2,106,700  |               |   |   | —    |   |   |   | 3,241,100 |   |
| Interest      income                                                                          |   |     | 9,600      |   |     |   | 18,000     |               |   |   | —    |   |   |   | 27,600 |   |
| Depletion                                                                                     |   |     | (184,400   | )      |     |   | (1,953,100 | )                  |   |   | —    |   |   |   | (2,137,500 | ) |
| Accretion      of asset retirement obligation                                                                                                                                                                                                                                                                                                                                              |   |     | (28,600    | )      |     |   | (53,200    | )                  |   |   | —    |   |   |   | (81,800 | ) |
| General      and      administrative                                                          |   |     | (66,400    | )      |     |   | (123,200   | )                  |   |   | —    |   |   |   | (189,600 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Net      earnings      (loss)                                                                                               |   |     | 864,600    |   |     |   | (4,800     | )                  |   |   | —    |   |   |   | 859,800 |   |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Other      comprehensive      loss                                                                 |   |     | —    |   |     |   | —    |               |   |   | (1,427,400 | )      |   |   | (1,427,400 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Distributions      to      partners                                                                |   |     | (1,161,100 | )      |     |   | (2,156,300 | )                  |   |   | —    |   |   |   | (3,317,400 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                       |   |     |       |   |     |   |       |               |   |   |       |   |   |   |   |   |
| Balance      at December 31, 2007                                                                                                                                                                                                                                                                                                                                                          |   | $        | 6,999,200  |   |     | $      | 17,263,100 |               |   | $      | (112,000   | )      |   | $ | 24,150,300 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 2007   |       |   | 2006   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |
| Cash      flows from operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |       |   |   |   |
| Net      earnings                                                                                                                                          |   | $      | 859,800    |   |   | $      | 2,325,700 |   |
| Adjustments      to reconcile net earnings to net cash provided byoperating                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |       |   |   |   |   |   |
| activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |       |   |   |   |   |   |
| Depletion                                                                                                                                                                                     |   |   | 2,137,500  |   |   |   | 1,739,300 |   |
| Accretion      of asset retirement      obligation                                                                                                                                            |   |   | 81,800     |   |   |   | 72,500 |   |
| Decrease      in accounts      receivable-affiliate                                                                                                                                           |   |   | 71,100     |   |   |   | 1,218,900 |   |
| Increase      (decrease) in accrued      liabilities                                                                                                                                          |   |   | 300        |   |   |   | (4,400 | ) |
| Net      cash provided by operating      activities                                                                                                                                           |   |   | 3,150,500  |   |   |   | 5,352,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |   |   |
| Cash      flows from investing activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |       |   |   |   |   |   |
| Purchase      of tangible      equipment                                                                                                                   |   |   | —    |   |   |   | (5,600 | ) |
| Net      cash used in investing      activities                                                                                                            |   |   | —    |   |   |   | (5,600 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |   |   |
| Cash      flows from financing activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |       |   |   |   |   |   |
| Distributions      to      partners                                                                                                                        |   |   | (3,317,400 | )      |   |   | (5,785,500 | ) |
| Net      cash used in financing      activities                                                                                                            |   |   | (3,317,400 | )      |   |   | (5,785,500 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |   |   |
| Net      decrease in cash and cash equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   | (166,900   | )      |   |   | (439,100 | ) |
| Cash      and cash equivalents at beginning of period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | 701,700    |   |   |   | 1,140,800 |   |
| Cash      and cash equivalents at end of      period                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $      | 534,800    |   |   | $      | 701,700 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |   |   |
| Supplemental Schedule      of non-cash investing and financing activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |       |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |       |   |   |   |   |   |
| Asset      retirement obligation      revision                                                                                                             |   | $      | (58,500    | )      |   | $      | 81,900 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | December      31, |        |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | 2007              |        |   | 2006 |   |
| Mineral      interest in properties:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |              |        |   |   |   |
| Proved      properties                                                                                                                                                            |   | $                 | 695,700     |   |   | $ | 695,700 |   |
| Wells      and related      equipment                                                                                                                                             |   |              | 40,225,600  |   |   |   | 40,284,100 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |              | 40,921,300  |   |   |   | 40,979,800 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |              |        |   |   |   |   |   |
| Accumulated      depletion of oil and gas      properties                                                                                           |   |              | (16,603,000 | ) |   |   | (14,465,500 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $                 | 24,318,300  |   |   | $ | 26,514,300 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | Years      Ended  |      |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-----------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | December      31, |      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | 2007              |      |   | 2006 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |              |      |   |   |   |
| Asset      retirement obligation at beginning of      year                                                                                          |   | $                 | 1,362,900 |   |   | $ | 1,208,500 |   |
| Revision      in      estimates                                                                                                                     |   |              | (58,500   | ) |   |   | 81,900 |   |
| Accretion      expense                                                                                                                              |   |              | 81,800    |   |   |   | 72,500 |   |
| Total      asset retirement obligation at end of      year                                                                                          |   | $                 | 1,386,200 |   |   | $ | 1,362,900 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Managing |   |   |     |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|--------|--------|----------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | General  |   |   | Limited  |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Partner  |   |   | Partners |   |
| Organization      and offering      costs                                                                                                      |   |     | 100    | %      |     |   | 0 | % |
| Lease      costs                                                                                                                               |   |     | 100    | %      |     |   | 0 | % |
| Revenues      (1)                                                                                                                              |   |     | 35     | %      |     |   | 65 | % |
| Operating      costs, administrative costs, direct costs and all other costs (2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |     | 35     | %      |     |   | 65 | % |
| Intangible      drilling      costs                                                                                                            |   |     | 0      | %      |     |   | 100 | % |
| Tangible      equipment      costs                                                                                                             |   |     | 67.13  | %      |     |   | 32.87 | % |

| (1)   | Subject      to the MGP’s subordination obligation, substantially all partnership      revenues will be shared in the same percentage as capital contributions      are to the total partnership capital contributions, except that the MGP      will receive an additional 7% of the partnership revenues, which may not      exceed 35%. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | These      costs will be charged to the partners in the same ratio as the related      production revenues are credited. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------|

| ·   | Administrative      costs which are included in general and administrative expenses in the      Partnership’s Statements of Net Earnings are at $75 per well per      month.  Administrative costs incurred in 2007 and 2006 were      $131,300 and $134,800,respectively. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Monthly      well supervision fees which are included in production expenses in the      Partnership’s Statements of Net Earnings are payable at $308 and $295 per      well per month in 2007 and 2006, respectively, for operating and      maintaining the wells.  Well supervision fees incurred in 2007      and 2006 were $539,300 and $530,900,  respectively. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Transportation      fees which are included in production expenses in the Partnership’s      Statements of Net Earnings are payable at rates ranging from $ .29-$ .35      per one thousand cubic feet ("Mcf") to 13% of the natural gas sales price.      Transportation fees incurred in 2007 and 2006 were $499,500 and $459,800,      respectively. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Direct      costs which are included in production and general administrative expenses      in the Partnership's Statements of Net Earnings are payable to the MGP and      its affiliates as reimbursement for all costs expended on the      Partnership’s behalf.  Direct costs incurred in 2007 and 2006      were $277,900 and $260,200,respectively. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Fixed      Price Swaps |               |   |                 |    |   |             |   |   |                 |   |
|------------------------|--------------------|--------|----------------------|---------|--------|------------------|--------|--------|----------------------|--------|
|                   | Twelve      Month  |   |                 |    |   | Average          |   |   | Fair      Value      |   |
|                   | Period      Ending |   | Volumes              |    |   | Fixed      Price |   |   | Asset/               |   |
|                   | December      31,  |   | (per      MMBTU) (1) |    |   | (per      MMBTU) |   |   | (Liability)      (2) |   |
|                   |               |   |                 |    |   |             |   |   |                 |   |
|                   | 2008               |   |                 | 320,400 |   |             | $      | 8.69   |                 |   | $ | 283,300 |   |
|                   | 2009               |   |                 | 310,900 |   |             |   | 8.31   |                 |   |   | (54,600 | ) |
|                   | 2010               |   |                 | 178,000 |   |             |   | 7.61   |                 |   |   | (155,400 | ) |
|                   | 2011               |   |                 | 94,800  |   |             |   | 7.37   |                 |   |   | (95,400 | ) |
|                   |               |   |                 |    |   |             |   |   |                 |   | $ | (22,100 | ) |

| Costless      Collars |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|-----------------------|--------------------|--------|---------------------|--------|----------------------|---------|--------|----------------------|--------------------|--------|----------------------|--------|
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|                  | Twelve      Month  |   |                |   |                 |    |   | Average              |               |   | Fair      Value      |   |
|                  | Period      Ending |   | Option              |   | Volumes              |    |   | Floor      & Cap |               |   | Asset/               |   |
|                  | December      31,  |   | Type                |   | (per      MMBTU) (1) |    |   | (per      MMBTU)     |               |   | (Liability)      (2) |   |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |
|                  | 2008               |   | Puts      purchased |   |                 | 30,900  |   |                 | $                  | 7.50   |                 |   | $ | 7,300 |   |
|                  | 2008               |   | Calls      sold     |   |                 | 30,900  |   |                 |               | 9.40   |                 |   |   | — |   |
|                  | 2010               |   | Puts      purchased |   |                 | 57,000  |   |                 |               | 7.75   |                 |   |   | — |   |
|                  | 2010               |   | Calls      sold     |   |                 | 57,000  |   |                 |               | 8.75   |                 |   |   | (18,800 | ) |
|                  | 2011               |   | Puts      purchased |   |                 | 142,400 |   |                 |               | 7.50   |                 |   |   | — |   |
|                  | 2011               |   | Calls      sold     |   |                 | 142,400 |   |                 |               | 8.45   |                 |   |   | (69,100 | ) |
|                  | 2012               |   | Puts      purchased |   |                 | 14,200  |   |                 |               | 7.00   |                 |   |   | — |   |
|                  | 2012               |   | Calls      sold     |   |                 | 14,200  |   |                 |               | 8.37   |                 |   |   | (9,300 | ) |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   | $ | (89,900 | ) |
|                  |               |   |                |   |                 |    |   |                 |               |   |                 |   |   |   |   |
|                  |               |   |                |   |                 |    |   |                 | Net      Liability |   |                 | $      | (112,000 | ) |

| (1)   | MMBTU      represents million British ThermalUnits. |
|-----------------|-----------------------------------------------------|

| (2)   | Fair      value based on forward NYMEX natural gasprices. |
|-----------------|-----------------------------------------------------------|

|                                                                                                                                                                                                                                                                                                |   | December      31, 2007 |     |   | December      31, 2006 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------|----------|--------|------------------------|--------|
|                                                                                                                                                                                                                                                                                                |   | Book      Value        |     |   | Fair      Value        |   |   | Book      Value |   |   | Fair      Value |   |
| Assets                                                                                                                                                                                                                                                                                              |   |                   |     |   |                   |   |   |   |   |   |   |   |
| Derivative      instruments                                             |   | $                      | 342,100  |   |                   | $      | 342,100 |   |   | $ | 1,426,500 |   |   | $ | 1,426,500 |   |
|                                                                                                                                                                                                                                                                                                |   | $                      | 342,100  |   |                   | $      | 342,100 |   |   | $ | 1,426,500 |   |   | $ | 1,426,500 |   |
| Liabilities                                                                                                                                                                                                                                                                                         |   |                   |     |   |                   |   |   |   |   |   |   |   |   |   |   |   |
| Derivative      instruments                                             |   | $                      | (454,100 | )      |                   | $      | (454,100 | ) |   | $ | (111,100 | ) |   | $ | (111,100 | ) |
|                                                                                                                                                                                                                                                                                                |   | $                      | (112,000 | )      |                   | $      | (112,000 | ) |   | $ | 1,315,400 |   |   | $ | 1,315,400 |   |

| (1)   | Capitalized      Costs Related to Oil and Gas Producing  Activities |
|-----------------|---------------------------------------------------------------------|

|                                        |   | At      December 31, |        |
|---------------------------------------------|--------|----------------------|-------------|
|                                        |   | 2007                 |        |   | 2006 |   |
|                                        |   |                 |        |   |   |   |
| Mineral      interests in proved properties |   | $                    | 695,700     |   |   | $ | 695,700 |   |
| Wells      and related equipment            |   |                 | 40,225,600  |   |   |   | 40,284,100 |   |
| Accumulated      depletion                  |   |                 | (16,603,000 | ) |   |   | (14,465,500 | ) |
| Net      capitalized cost                   |   | $                    | 24,318,300  |   |   | $ | 26,514,300 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Natural      Gas |       |   | Oil    |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|------------|--------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | (Mcf)            |       |   | (Bbls) |   |
| Proved      developed reserves:                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |             |       |   |   |   |
| Balance      at December 31, 2005                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |             | 8,800,700  |   |   |   | 29,500 |   |
| Production                                                                                                        |   |             | (578,900   | )      |   |   | (4,100 | ) |
| Provisions      to previous      estimates                                                                        |   |             | (3,241,800 | )      |   |   | (1,800 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |             |       |   |   |   |   |   |
| Balance      at December 31, 2006                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |             | 4,980,000  |   |   |   | 23,600 |   |
| Production                                                                                                        |   |             | (488,200   | )      |   |   | (3,200 | ) |
| Revisions      to previous      estimates                                                                         |   |             | 32,300     |   |   |   | (2,600 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |             |       |   |   |   |   |   |
| Balance      at December 31, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |             | 4,524,100  |   |   |   | 17,800 |   |

| NAME                    | AGE    | POSITION OR      OFFICE                                                             |
|-------------------------|--------|-------------------------------------------------------------------------------------|
|                    |   |                                                                                |
| Freddie      M. Kotek   | 52     | Chairman      of the Board of Directors, Chief Executive Officer and      President |
| Frank      P. Carolas   | 48     | Executive      Vice President – Land and Geology and a Director               |
| Jeffrey      C. Simmons | 49     | Executive      Vice President – Operations and a Director                     |
| Jack      L. Hollander  | 51     | Senior      Vice President – Direct Participation Programs                    |
| Nancy      J. McGurk    | 52     | Senior      Vice President – Chief Accounting Officer                         |
| Michael      L. Staines | 58     | Senior      Vice President, Secretary and a Director                                |
| Matthew      A. Jones   | 46     | Chief      Financial Officer                                                        |

| ·   | the      approximate amount of an individual’s professional time devoted to the      business and affairs of our MGP and Atlas America have been aggregated      because there is no reasonable method for them to distinguish their      activities between the two companies;and |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | for      those individuals who also hold senior positions with other affiliates of      our MGP, if it is stated that they devote approximately 100% of their      professional time to our MGP and Atlas America, it is because either the      other affiliates are not currently active in drilling new wells, such as      Viking Resources or Resource Energy, and the individuals are not required      to devote a material amount of their professional time to the affiliates,      or there is no reasonable method to distinguish their activities between      our MGP and Atlas as compared with the other affiliates of our MGP, such      as Viking Resources or ResourceEnergy. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | Description                                                          |   | Location                                   |
|--------|--------|----------------------------------------------------------------------|--------|--------------------------------------------|
|   |   |                                                                 |   |                                       |
| 4(a)   |   | Certificate      of Limited Partnership for  Atlas America |   | Previously      filed in our Form S-1 on   |
|   |   | Public      #11-2002 Ltd.                                            |   | June      21, 2002.                        |
|   |   |                                                                 |   |                                       |
| 4(b)   |   | Amended      and Restated Certificate and Agreement                  |   | Previously      filed in our Form S-1/A on |
|   |   | of      Limited Partnership for Atlas America Public #11-2002 Ltd.   |   | October      11, 2002                      |
|   |   |                                                                 |   |                                       |
| 4(c)   |   | Drilling      and Operating Agreement for Atlas America              |   | Previously      filed in our Form S-1/A on |
|   |   | Public      #11-2002 Ltd.                                            |   | October      11, 2002                      |
|   |   |                                                                 |   |                                       |
| 31.1   |   | Rule      13a-14(a)/15(d) – 14(a) Certification.               |
|   |   |                                                                 |
| 31.2   |   | Rule      13a-14(a)/15(d) – 14(a) Certification                |
|   |   |                                                                 |
| 32.1   |   | Section      1350 Certification                                      |
|   |   |                                                                 |
| 32.2   |   | Section      1350 Certification                                      |

| 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      America Public #11-2002 Ltd.                                                                              |
|                                                                                                                 |   |   |
|                                                                                                                 |   | Atlas      Resources, LLC, Managing General Partner |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Freddie M.      Kotek |
|                                                                                                                 |   | Freddie      M. Kotek, Chairman of the Board of Directors, Chief    Executive |
|                                                                                                                 |   | Officer      and President |
|                                                                                                                 |   |   |

| 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.                                                    |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Freddie M.      Kotek |
|                                                                                                                 |   | Freddie      M. Kotek, Chairman of the Board of Directors, Chief    Executive |
|                                                                                                                 |   | Officer      and President |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Frank P.      Carolas |
|                                                                                                                 |   | Frank      P. Carolas, Executive Vice President – Land and Geology |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Jeffrey C.      Simmons |
|                                                                                                                 |   | Jeffrey      C. Simmons, Executive Vice President – Operations |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Nancy J.      McGurk |
|                                                                                                                 |   | Nancy      J. McGurk, Vice President, Chief Accounting Officer |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
|                                                                                                                 |   |   |
| Date:  March      28, 2008                                                                                 |   | By:/s/ Matthew A.      Jones |
|                                                                                                                 |   | Matthew      A. Jones, Chief Financial Officer |
|                                                                                                                 |   |   |