ATP highest bidder on Atwater Valley blocks

March 24, 2008
ATP Oil & Gas was the apparent high bidder on Atwater Valley block 19, Atwater Valley block 62, and Mississippi Canyon block 304 at the Central Gulf of Mexico Offshore Lease Sale 206 in New Orleans.

Offshore staff

HOUSTON -- ATP Oil & Gas was the apparent high bidder on Atwater Valley block 19, Atwater Valley block 62, and Mississippi Canyon block 304 at the Central Gulf of Mexico Offshore Lease Sale 206 in New Orleans.

If ATP is awarded the blocks, the company will have a 100% working interest in each one and serve as operator.

"If awarded, these blocks will further advance two of our core areas, the Canyon Express pipeline system and Telemark, where we are in the process of executing ongoing operational plans for the development of these deepwater hubs," says George R. Morris, ATP's VP of acquisitions.

03/24/2008