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Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: BuckeyeOil who wrote (3032)	4/25/2013 8:16:12 PM
From: Kramer38	4 Recommendations Read Replies (2) \| Respond to of 3620

Look, I don't own any ATP stock, I don't own any ATP bonds, but your numbers regarding Clipper are simply wrong. The well currently producing, tested at 9000 bopd and 4.6 mmcfpd. The second well tested at 4650 bopd and 45.6mmcfpd. This gives you a grand total for both wells of 13,650 bopd and 50.2 mmcfpd. Here is the ATP press release which verifies these test results. businesswire.com Even using your estimated prices of $90 oil and $4.50 gas, and using a very generous net revenue interest of 74.5% (which ignores all the term ORRI/NRI that burden the property) ATPs cash flow from both wells at the tested rates (the first well is not producing at tested rates btw) is $29.2MM/month. Add this to your estimated cash flow from the other fields and you get $52-55MM/month, not the $100MM/month you suggest. Regardless of the initial rate, you can expect @ a 10%/ yr production decline curve to commence within about 6 months of first production. That is simply the nature of a reservoir this size. It will be depleted in about 5 yrs. unless another well is drilled.

To: BuckeyeOil who wrote (3032)	4/25/2013 9:13:55 PM
From: silkscreen12	1 Recommendation Read Replies (1) \| Respond to of 3620

Andy, listen up now. You can't affect the value of this company's securities by posting outrageously bullish bullshit on this or any other message board. You ought to know that by now. If you could, ATP's shares would be worth $160 each instead of 16 cents. All you can do is mislead gullible individuals into making unwise investments on the basis of hopelessly ill-informed opinion, not to mention laughably inaccurate fifth grade arithmetic. I know this won't penetrate that thick skull of yours, but I thought I'd mention it anyway. By the way, just out of idle curiosity I had a quick look at your home on Street View. Don't buy a Ferrari if by some miracle you should ever be able to afford one. It would look ridiculously out of place in that driveway.