Mr. Bulmahn: ATP Oil & Gas Corporation was incorporated in 1991. We're an offshore development and production company, which is active in the Gulf of Mexico and the North Sea. We also have over this 10 year span achieved considerable prominence as an oil and gas industry leader in the compounded annual growth rate of both reserves and production over the last five years.
TWST: What is it that you bring to the marketplace that wasn't there
before, or what is it that you do better than other people?
Mr. Bulmahn: We have a narrow focus on offshore development. In other
words, we do no exploration whatsoever. We're a D&P company, not an E&P
company. We take on projects that have already been drilled by others,
where they've identified some reserves, but they, for whatever reason,
didn't complete the well and didn't move forward with the project. We
evaluate those projects, and the ones that we believe have promise, we
try to make them happen.
Tickers included in this excerpt: ATPG
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