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ATPG Atp Oil & Gas Corp. (MM)

0.31
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atp Oil & Gas Corp. (MM) NASDAQ:ATPG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.31 0 01:00:00

ATP Oil & Gas Resumes Production at Gulf of Mexico Titan Platform

11/06/2012 5:46pm

Dow Jones News


Atp Oil & Gas Corp. (MM) (NASDAQ:ATPG)
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ATP Oil & Gas Corporation (ATPG) said Monday it has resumed production at the ATP Titan platform in the U.S. Gulf of Mexico, which was shut-in May 14 due to a temporary closure of a pipeline.

The Titan platform, which services the ATP's Telemark Hub, resumed production after the operator of the Mars pipeline temporarily completed the tie-in of a new platform, the company said in a press release. Production at Titan is proceeding as expected and will ramp up over the next few days, the company added.

ATP also announced that fracturing process on the Mississippi Canyon 941 A-2 well, which is part of the Telemark Hub, is expected to be completed before the end of June and that the well will be placed on production immediately.

ATP operates the ATP Titan and Telemark Hub which is in about 4,000 feet of water with a 100% interest.

Shares were recently trading at 3.20% down at $5.14.

   Write to  isabel.ordonez@dowjones.com 
 

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