-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 N+oJhUvlYfmFAH/hJM/+Y/s4LssiJ1uhJHXQyVgvWjpt/PNVgDInQHlnOeDMiuZ0
 MzOVQFKFpOSrfM3hGaNKBg==

<SEC-DOCUMENT>0001230077-05-000002.txt : 20050318
<SEC-HEADER>0001230077-05-000002.hdr.sgml : 20050318
<ACCEPTANCE-DATETIME>20050318162406
ACCESSION NUMBER:		0001230077-05-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050316
FILED AS OF DATE:		20050318
DATE AS OF CHANGE:		20050318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STAINES MICHAEL L
		CENTRAL INDEX KEY:			0001230077

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14998
		FILM NUMBER:		05691955

	MAIL ADDRESS:	
		STREET 1:		RESOURCE AMERICA
		STREET 2:		1845 WALNUT ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ATLAS PIPELINE PARTNERS LP
		CENTRAL INDEX KEY:			0001092914
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS TRANSMISSION [4922]
		IRS NUMBER:				233011077
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		311 ROUSER ROAD
		CITY:			MOON TOWNSHIP
		STATE:			PA
		ZIP:			15108
		BUSINESS PHONE:		4122622830

	MAIL ADDRESS:	
		STREET 1:		311 ROUSER ROAD
		STREET 2:		MOON TOWNSHIP
		CITY:			MOON TOWNSHIP
		STATE:			PA
		ZIP:			15108
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4mls31805_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-03-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001092914</issuerCik>
        <issuerName>ATLAS PIPELINE PARTNERS LP</issuerName>
        <issuerTradingSymbol>APL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001230077</rptOwnerCik>
            <rptOwnerName>STAINES MICHAEL L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2>1845 WALNUT STREET, SUITE 1000</rptOwnerStreet2>
            <rptOwnerCity>PHILADELPHIA</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President &amp; COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Phanton Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-03-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Units</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The undersigned is a participant in the Atlas Pipeline Partners, L.P. (the &quot;Partnership&quot;) Long-Term Incentive Plan (the
&quot;Plan&quot;). The undersigned received 4,000 phantom units, with distribution equivalent rights, under the Plan on March 16,
2005. Each phantom unit represents the right to receive, upon vesting, either one common unit of limited partner interest
of the Partnership or its then fair market value in cash. The phantom units in the Plan vest 25% per year, beginning on
March 16, 2006. The units are receivable without additional consideration.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Michael L. Staines</signatureName>
        <signatureDate>2005-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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