ATP Oil & Gas Pref Shares fka ATPGQ

[Enterprising Investor]

Stephen S Taylor beneficially owns 3,307,251 shares (12/11/12)

Controls 6.34 percent.

Consists of 307,085 shares of the Issuer’s Common Stock owned by Stephen S. Taylor individually and 2,493,500 shares of the Issuer’s Common Stock and 112,480 shares of Series B Preferred Stock, which are convertible into 506,666 shares of the Issuer’s Common Stock, owned by Taylor International Fund, Ltd. Mr. Taylor is the Chairman of Taylor Asset Management Inc., which is the Investment Manager of Taylor International Fund, Ltd.

Mr. Taylor acquired 307,085 shares of the Issuer’s Common Stock for total consideration of $34,950.77. The source of the funds was his personal resources. The average cost paid was $.1138 per share.

Taylor Asset Management, Inc. (“TAM”) acquired for Taylor International Fund, Ltd. (“TIF”) 2,493,500 shares of the Issuer’s Common Stock for total consideration of $273,553.75. The average cost paid was $.1097 per share.

Taylor Asset Management, Inc. (“TAM”) acquired for Taylor International Fund, Ltd. (“TIF”) 112,480 shares of the Issuer’s Preferred B Stock for total consideration of $126,069.79. The source of the funds was from Mr. Taylor and other investors not named herein. The average cost paid was $1.12 per share.

Taylor International Fund began to purchase and build up a sizeable position based on the Fund’s belief that there is substantial equity remaining in the Issuer that should be realized by shareholders after an orderly Chapter 11 process is allowed to run its course.

http://www.sec.gov/Archives/edgar/data/1109389/000114420412069102/v330764_sc13d.htm