History
ATP Oil & Gas was founded in 1991. The company acquires and develops off shore properties in the Gulf of Mexico and North Sea with proven but as yet undeveloped oil and gas reserves, called PUD in the industry. The company has a 97% success rate in this objective. The success rate has increased as more powerful seismic technologies have become available.
On August 17, 2012, ATP Oil & Gas filed for Chapter 11 bankruptcy protection.
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