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ATP Confirms U.K. Production Continues to Flow at Bacton

Posted on: Friday, 29 February 2008, 15:00 CST

ATP Oil & Gas Corporation (NASDAQ:ATPG) stated that its U.K. personnel were advised that a fire at Bacton had no current impact on ATP's existing U.K. production. There are four discrete terminals at Bacton and the terminal facility that handles natural gas for ATP properties was not affected by the fire. ATP is currently producing approximately 65 MMscfd of its U.K. production through Bacton.

About ATP Oil & Gas Corporation

ATP Oil & Gas is an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea. The company trades publicly as ATPG on the NASDAQ Global Select Market. For more information about ATP Oil & Gas Corporation, visit www.atpog.com.

Forward-looking Statements

Certain statements included in this news release are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. ATP cautions that assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those ATP expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to ATP's forward-looking statements are found in our SEC filings.

Source: Business Wire

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