ATP Oil Cancels Appearance at Denver Energy Conference
(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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