Tag Archives: NASDAQ:ATPG

Exxon Mobil (NYSE:XOM) Ex-Chief Raymond to Direct Inquiry at JPMorgan Chase (JPM)

JPMorgan Chase & Co (NYSE:JPM) has selected Ex-chief executive officer of Exxon Mobil Corporation (NYSE:XOM) Lee Raymond to head an investigation by corporation directors into losses in credit derivative portfolio mange by its London-based Chief Investment Office, as said by …

Posted in Energy, Latest Headlines | Tagged , , , , , , , , , , , , , , , , , , | Comments Off

ATP Oil & Gas (NASDAQ:ATPG) Files for Bankruptcy in U.S. on Weak Outlook and Interest Expense – ATPG, EPL, CIE, MCF

The Houston-based ATP Oil & Gas Corporation (NASDAQ:ATPG) filed for bankruptcy in the face of falling outlook and a threatening $89 million interest expense. The corporation agreed a $700 million revolving credit facility prior to making the filing.

The Chapter …

Posted in Basic Materials, Latest Headlines | Tagged , , , , , , , , , , , , | Comments Off

BP PLC (BP) Ready to Sell Two Facilities to Eagle Rock Energy

Oil firm BP PLC (NYSE:BP) is selling out two gas processing facilities in Texas to Eagle Rock Energy Partners.

BP reported on Monday that Eagle Rock Energy Partners is giving $227.5 million in cash for the Sunray and Hemphill gas …

Posted in Basic Materials, Latest Headlines | Tagged , , , , , , , , , , , , , , , , , , | Comments Off

ATP Oil & Gas (NASDAQ:ATPG) Set For Loan Financing Ahead of Possible Bankruptcy Filing – ATPG, SGY, EPL, MCF

ATP Oil & Gas Corporation (NASDAQ:ATPG), the oil explorer whose new chief executive officer leaves after less than a week in June, set loan financing prior to a potential bankruptcy filing, according to 2 persons with direct knowledge about the …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , | Comments Off

Cobalt International Energy (NYSE:CIE) Declares Loss in Second Quarter; Stock Hikes on Angola Well Success – CIE, ATPG, MCF, WTI

Cobalt International Energy, Inc (NYSE:CIE) moved up after it found oil at a second well off the coast of Angola. Cobalt International Energy is the offshore oil explorer supported by Goldman Sachs Group, Inc (NYSE:GS).

Shares of the company surged …

Posted in Energy, Latest Headlines | Tagged , , , , , , , , , , , | Comments Off

ATP Oil & Gas (NASDAQ:ATPG) Starts Legal Battle with US Government over Offshore-Drilling Halt; Stock Climbs – ATPG, EPL, SGY, MCF

The Houston-based ATP Oil & Gas Corporation (NASDAQ:ATPG) moved up to the record high in over 3 years after the corporation took legal action against the United States government for above $68 million in charges for halting offshore drilling following …

Posted in Energy, Latest Headlines | Tagged , , , , , , , , , , , | Comments Off