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

To: Kramer38 who wrote (3033)	4/25/2013 9:31:31 PM
From: BuckeyeOil	Respond to of 3620

Quoted from ATP release.....Sorry so small I dont know how to fix size....16,000 MBOE NET TO ATP...That is after accounting for what you deducted an additional 25.5%......I also looked up the hedging activity and most of ATP oil this year looks to be in the range of $96.50.....Also if a couple of the maintenance items and workovers are finished that adds a little to production....Bottom line is it may not be as high as the $85 million I had , but it will sure be way over the $52 - $55 mil you cam up with.....My overall point is that with anything in the range of $60....$70 million per month, you are talking about a company that needs to RESTRUCTURE and can and will pay LOTS more money to everyone involved and it is the courts duty to see that this is what happens.....Remember the platform can handle even more and another well could be drilled...This and BP settlement, bond holder deal and you can see the light at the end of the tunnel real easy...... "The wells were completed and tested at a combined rate of 16 MBoe per day, net to ATP, in 2011. "...

To: Kramer38 who wrote (3033)	4/25/2013 9:43:35 PM
From: BuckeyeOil	1 Recommendation Read Replies (2) \| Respond to of 3620

I will say when the March reports are out the revenue will have gone to $40 mil.....April to $50 - $51 mil.....Any arguments to that..? Again, with the benefit of the contracts / items that can shed during BK this is workable revenue with the next well coming on and deal with bondholders....That is exactly what BK is for.....I honestly think shorts may get really burned here.....It happened when EVERYONE said Pier 1 was DEAD for weeks....After .15 cents per share they are doing great and a stock is up dozens of times where it was....NOT ALL DIE in BK, especially when they have this kind of revenue......