ATP awarded De Soto Canyon block

The Minerals Management Service has awarded offshore leases at De Soto Canyon block 355 and Viosca Knoll block 863 to ATP Corp.

Offshore staff

HOUSTON -- The Minerals Management Service has awarded offshore leases at De Soto Canyon block 355 and Viosca Knoll block 863 to ATP Corp. ATP submitted bids at the Central Gulf of Mexico Offshore Lease Sale 205 last October.

De Soto Canyon block 355 is an exploration opportunity close to the ATP-operated Canyon Express Pipeline System. Previous exploration drilling at Viosca Knoll block 863 logged hydrocarbons in two wells.

ATP acquired a 100% working interest in both blocks and will also serve as operator.

02/11/2008

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