June 10, 2013
Beleaguered ATP Oil & Gas Corp. told a Texas bankruptcy court on Monday that it had been unable to agree on a proposed operating budget with bankruptcy lenders and that its access to cash could be cut off in a matter of days.
May 31, 2013
A unit of Anadarko Petroleum Corp. on Wednesday asked a Texas bankruptcy judge to block a proposed $691 million sale of ATP Oil & Gas Corp.'s offshore assets, because the deal will allegedly allow the foundering company to escape $153 million in environmental liabilities.
May 16, 2013
A Texas federal judge on Thursday declined to consider a request by Pioneer Natural Resources USA Inc. to delay arbitration of liabilities tied to bankrupt ATP Oil & Gas Corp.'s oil and gas leases while the court weighs a $691 million bid for the assets.
May 09, 2013
A Texas bankruptcy judge Thursday delayed his review of ATP Oil & Gas Corp.'s proposed $691 million oil and gas leases sale to a group of lenders led by Credit Suisse AG, as the company answers creditor objections to the deal.
May 07, 2013
Bankrupt ATP Oil & Gas Corp. on Tuesday said it will sell oil and gas leases to a group of lenders led by Credit Suisse AG for $691 million, following an auction by the struggling developer.
May 02, 2013
Federal regulators told a Texas bankruptcy judge Wednesday that a planned sale of ATP Oil & Gas Corp.'s oil and gas leases could leave the company unable to pay $11 million in royalties owed to the U.S. and unable to decommission certain offshore wells, creating environmental hazards.
April 04, 2013
A Texas bankruptcy judge on Thursday hammered ATP Oil & Gas Corp. for defying his order to hand over nearly $3 million in royalty payments to Macquarie Investments LLC and Keba Energy LLC.
April 03, 2013
Macquarie Investments LLC and Keba Energy LLC asked a Texas bankruptcy court Wednesday to hold ATP Oil & Gas Corp. in contempt for refusing to hand over nearly $3 million in royalty payments.
March 08, 2013
An investment bank and an energy company slapped ATP Oil & Gas Corp. with two adversary suits Friday accusing it of fraudulently selling $135 million in royalty interests as real property, attempts to prevent the Texas bankruptcy court from taking their interests to pay off ATP's creditors.
February 20, 2013
ATP Oil & Gas Corp. urged a Texas bankruptcy court Tuesday to reject its unsecured creditors' bid to appoint a trustee or liquidate the company, slamming allegations the oil-and-gas developer is in a "death spiral" and calling the bid "dramatically ill-considered."