ATP Increases Net Production to 75 MMcfe/d

ATP Oil & Gas reports that as a result of ATP's current development activities at Brazos 544, the Company's net current daily production has increased from the previously announced rate of 68 million cubic feet of gas equivalent per day (MMcfe/d) to 75 MMcfe/d. In addition, ATP commenced completion operations on wells at Garden Banks 186, Matagorda Island 704/709 and Ship Shoal 358. The company expects to announce additional production increases as these three wells are each brought on production within the next several weeks.

"ATP continues to execute its business plan of developing and bringing to production its expansive inventory of properties with proved undeveloped reserves," stated T. Paul Bulmahn, Chairman and President of ATP.