ATP Oil & Gas Corporation Announces Record Revenue and First Quarter 2005 Results.

PR Newswire Europe, May, 2005

HOUSTON, May 6 /PRNewswire/ -- ATP Oil & Gas Corporation (Nasdaq: ATPG) today announced first quarter 2005 results which include:

 
    -  oil and gas revenues of US$37.0 million, an increase of 54% 
       over the comparable period in 2004 and the largest single 
       quarterly revenue in the Company's history; 
    -  production of 5.8 Bcfe, an increase of 24% over the comparable 
       period in 2004; 
    -  net income of US$1.0 million compared with a US$2.4 million net 
       loss in the first quarter 2004; 
    -  a US$21.0 million improvement in cash flows from operating 
       activities from the first quarter 2004, and 
    -  continued development operations in the Gulf of Mexico and the 
       North Sea, including initial production from the West...

            
        
    
    	    
                
                
	

		

					 
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