(Corrects percentage decline in first paragraph.)
ATP Oil and Gas Inc., the offshore oil explorer that lost 94 percent of its market value this year, canceled a scheduled presentation at a Denver energy conference today.
Enercom Consulting, organizer of The Oil & Gas Conference, confirmed the cancellation by Houston-based ATP.
ATP, which faces an $89 million interest payment in November, has been punished by investors after missing production targets and failing to start projects on time. according to the company .
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