ATP Completes Well at Brazos 544 in the Gulf of Mexico

ATP Oil & Gas reports the successful completion of its Brazos 544 B-1 well in 115 feet of water. This well, completed in the Big Hum Stray sands, is connected to the BA 544 A-platform where earlier this year ATP installed a 550 horsepower reciprocating compressor to enhance the production and ultimate recovery of reserves of both of its producing wells in the block. ATP is the operator with a 100% working interest.

T. Paul Bulmahn, Chairman and President of ATP, stated, "With this success and additional developments and production activities planned in the Gulf of Mexico for the remainder of the year, we effectively continue converting proved undeveloped reserves to proved developed reserves."