ATP Oil & Gas Corporation Announces Fourth Quarter and Year-End 2004 Results.
PR Newswire Europe, March, 2005
HOUSTON, March 16 /PRNewswire/ -- ATP Oil & Gas Corporation (Nasdaq: ATPG) today announced 2004 and fourth quarter results which include:
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/ATPGLOGO )
- Annual production increase of 31% to 22.4 Bcfe. Fourth quarter 2004
production increase of 81% from the fourth quarter 2003 to 5.9 Bcfe.
- Annual revenues increase of 66% to US$116.1 million. Fourth quarter
revenues increase of 135% from the fourth quarter 2003 to
US$32.9 million.
- Development operations at seven properties resulting in the successful
completions of 14 wells during 2004 with two additional wells in
progress at the end of 2004.
- Cash and cash equivalents of US$102.8 million...
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