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Keyword: atpoil

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  • As ATP Oil Files For Bankruptcy, CEO Blames Obama For Company's Collapse

    08/18/2012 12:35:31 PM PDT · by mojito · 15 replies
    Forbes ^ | 8/18/2012 | Christopher Helman
    When I get Paul Bulmahn on the phone rumors are swirling that he’s just days from putting his company, ATP Oil & Gas, into Chapter 11. He can’t confirm it yet, but he wants to make one thing perfectly clear: If it does come to bankruptcy (which it did on August 17) it isn’t his fault. The founder and chairman of publicly traded ATP (Nasdaq:ATPG), Bulmahn wants the world to know that the Obama Administration—and its illegal ban on deepwater drilling in the wake of the BP disaster—is to blame for the implosion of his company. Not him. “It is...