ATP Wins Duo in Central GOM Lease Sale

Out of three bids made at the Central Gulf of Mexico Offshore Lease Sale 213 held on March 17th in New Orleans, ATP is the apparent high bidder on two: Ship Shoal Block 361 and Garden Banks Block 782.

Ship Shoal 361 is located in approximately 387 feet of water and is in close proximity to ATP's Ship Shoal 358 Hub which is currently producing. Garden Banks 782, also known as Entrada, is located in approximately 4,531 feet of water. Previous exploration drilling on Garden Banks 782 found logged hydrocarbons and Entrada is in the vicinity of existing infrastructure owned by others.

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