ATP Oil & Gas Corporation

ATP Oil & Gas Corporation

ATP Oil & Gas Corporation
4600 Post Oak Place, Suite 200
Houston, Texas 77027
713-622-3311

ATP Oil & Gas Corporation (NASDAQ: ATPG) is engaged in the acquisition, development and production of natural gas and oil properties in the Gulf of Mexico and the North Sea. ATP acquires and develops properties, many of which have proved undeveloped reserves (“PUD’s”) at the time of acquisition that are economically attractive to ATP, but not strategic to exploration-oriented oil and gas companies. Such strategy provides ATP with the assets to develop and produce without the risk, cost and time involved in traditional exploration. Since its inception in 1991, the company has had an exceptionally strong development success record of 98% of taking projects to production that were previously undeveloped and non-producing. ATP is headquartered in Houston, Texas, with additional offices in Guildford, Surrey (U.K.) and IJmuiden (Netherlands). ATP trades on the NASDAQ Global Select Market under the symbol ATPG.

ATP creates value for its shareholders through the acquisition and development of significant proved undeveloped reserves frequently with the upside of probable and possible reserves.

Latest ATP Oil & Gas Corporation News

NGP Capital Resources makes $75M investment in oil and gas companies

NGP Capital Resources Company completed two transactions that closed in the first two weeks of July, totaling $75 million.

ATP completes Telemark well workover in Gulf of Mexico

ATP Oil & Gas Corp. has completed the workover at its Mississippi Canyon Block 941 A-2 well located in the Mirage Field at the Telemark Hub in the deepwater Gulf of Mexico.

ATP names Matt McCarroll new CEO

Houston-based ATP Oil & Gas Corporation [NASDAQ: ATPG] has named industry veteran Matt McCarroll as CEO.

Upstream News

ATP begins drilling at Shimshon off the coast of Israel

Houston-based ATP Oil & Gas Corporation (NASDAQ: ATPG) and its wholly-owned subsidiary ATP East Med BV said April 30 that they have initiated drilling at the Shimshon well in the Levant Basin of offshore Israel in the eastern Mediterranean Sea with the Ensco 5006 drilling unit.

Upstream News

Third well goes on stream at ATP's Telemark Hub in Gulf of Mexico

ATP Oil & Gas Corporation said Aug. 24 that it has begun producing oil at its Mississippi Canyon Block 941 A-2 (#4) well in the deepwater Gulf of Mexico.

ATP makes $150M preferred stock offering

ATP Oil & Gas Corp. has announced a public offering of approximately $150 million of perpetual preferred stock.