| Business Summary | | ATP
Oil
&
Gas
Corporation
(ATP)
is
engaged
in
the
acquisition,
development
and
production
of
natural
gas
and
oil
properties
in
the
outer
continental
shelf
of
the
Gulf
of
Mexico,
in
the
shallow-deep
waters
of
the
Gulf
of
Mexico
and
in
the
Southern
Gas
Basin
of
the
U.K.
North
Sea.
ATP
primarily
focuses
its
efforts
on
natural
gas
and
oil
properties
with
proved
undeveloped
reserves
that
are
economically
attractive
to
the
Company
but
are
not
strategic
to
major
or
exploration-oriented
independent
oil
and
gas
companies.
The
Company
attempts
to
achieve
a
high
return
on
its
investment
in
these
properties
by
limiting
its
up-
front
acquisition
costs
and
by
developing
its
acquisitions
quickly. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ATP
Oil
and
Gas
Corporation
is
engaged
in
the
acquisition,
development,
and
production
of
natural
gas
and
oil
properties
primarily
in
the
outer
continential
shelf
of
the
Gulf
of
Mexico.
For
the
six
months
ended
6/30/01,
revenues
increased
83%
to
$72.5
million.
Net
loss
before
extraordinary
item
increased
79%
to
$3.1
million.
Results
reflect
increased
natural
gas
and
oil
prices,
offset
by
increased
losses
on
derivative
instruments. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| T. Paul Bulmahn, 57 Chairman,
Pres | $162K | Albert Reese, Jr, 51 CFO,
Sr. VP | 192K | Gerald Schlief, 53 Sr.
VP | 179K | Leland Tate, 53 Sr.
VP, Operations | -- | Keith Godwin, 33 VP,
Controller | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|