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a1derfullife

10/13/10 11:28 PM

#7017 RE: stock_peeker #7016

Smells like a bear raid to me.

A1

stock_peeker

10/14/10 8:27 AM

#7018 RE: stock_peeker #7016

08:25 ATPG: ATP Oil & Gas: MKM notes ATPG is guiding to a 4Q10 inflection point for production

MKM notes ATPG mgmt yesterday relayed in their IPAA presentation slides that 3Q10 production was 21 Mboepd, about 6% shy of their 22.5 Mboepd est. However, the low end of the 4Q10 production guidance range of 30 Mboepd to 40 Mboepd offered in the same set of slides exceeds by more than 18% their prior 4Q10 est of 25.4 Mboepd. While that production guidance range is remarkably wide, they believe it should be so in order to reflect the lack of clarity available regarding deepwater GoM drilling operations.