peachberry_tea

10 Upcoming Catalysts for ATP Oil and Gas

Hmm I don't know much about ATP's reserves or how they compare to Addax but one would think $14 is a bit on the low end for ATP's reserves. Just my opinion though.

Devon would you happen to have any information on other oil/gas asset sales and how much those have been going for? I know ATP sold off some last yr towards yr end.. what was the price per barrel for that?

I guess the takeaway with Addax is that deals are still going thru despite the economic environment. I think this bodes well for ATP in case they need to sell assets to meet their covenants.

Much rather that they didn't have to though, ATPG selling their assets that is. Selling shares or selling assets - both dilutes the shareholder.

10 Upcoming Catalysts for ATP Oil and Gas

Hmm just read my own comment.. what I meant was: has there been any news on how many more shares management might issue as part of the $200mil offering? Any word on whether it'll be common or preferred etc.?

On Jun 11 01:35 AM peachberry_tea wrote:

> Devon, have you heard anything about how many shares management intends
> to issue?

10 Upcoming Catalysts for ATP Oil and Gas

Devon, have you heard anything about how many shares management intends to issue?

10 Upcoming Catalysts for ATP Oil and Gas

Hey Devon,

Thanks for another informative post.

I was wondering what your thoughts were on short term oil prices. There's been a bit of talk about oil inventories and that there's a bit of speculation behind the recent increase in oil prices. Predicting short term pricing is a sucker's game, yes, but just wanted your thoughts on it anyway because you seem like you'd be fairly informed with this sort of thing.

Thanks again