Value Microcaps Junior Energy

[Bobwins]

atpg +.36 to 18.11 powering ahead towards $20

Presenting at a conference in San Francisco today at 2:20PM PT.

Doubt they will disclose anything new there. Just newest presentation. Although they did say they would reveal test results from Telemark Atwater valley Block 63 #4 well.

From 2/4/10 PR, sounds like Telemark will come online in Q1 but probably late March. Here is the quote.

In the deepwater Gulf of Mexico, the ATP Titan is on location at MC 941 and final installation work is on schedule. The topside modules have been installed, all 12 mooring lines connected and the oil and gas export pipeline risers were installed and hydro-tested. Hookup and commissioning work is ongoing to prepare the facility to produce and process oil and gas. During the next few weeks, ATP is scheduled to finish connecting the pipelines and begin the dewatering process.

Doesn't sound like February for oil/gas pumping to me.

Still lots of positive news fairly close and the shorts must be getting nervous that ATPG will get Telemark online and flowing. Tripling oil production and selling minority interest in Telemark are keys to ATPG reducing the ominous debt load and ridding themselves of the shorts. Still a ways from the finish line.