USA: ATP Oil & Gas Welcomes New CEO

ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico, Mediterranean Sea and the North Sea,  announced that Matt McCarroll has joined ATP as Chief Executive Officer of ATP Oil & Gas Corporation.

ATP Chairman T. Paul Bulmahn stated, “We are very pleased to add Matt to our leadership team. His successful and proven talent in offshore property development is an asset to ATP. His experience in the offshore Gulf of Mexico will be invaluable to moving forward our Clipper and Telemark properties in addition to our international properties. Matt’s commitment to ATP has already been shown by his purchase today of 1,000,000 shares of our common stock directly from ATP at market price.”

Mr. McCarroll was Founder and Chief Executive Officer of Dynamic Offshore Resources, LLC, a private company that focused on acquiring and developing properties in the Gulf of Mexico. He guided the recent sale of Dynamic Offshore Resources to SandRidge Energy for $1.3 billion.

Prior to establishing Dynamic Offshore Resources, Mr. McCarroll served as President of Maritech Resources Inc. He was a member of the senior management team of Plains Resources Inc. and remained with the corporation until 1998. During his time there, he held several management positions, including Vice President of Land and Exploration. Early in his career, McCarroll held positions with Great Southern Oil and Gas in Lafayette, Louisiana and Amoco Production Company in New Orleans. McCarroll earned his B.A. degree in business administration and finance from LSU. He has held several leadership positions within associations in the oil and gas industry and currently serves on the board of directors of the National Ocean Industries Association.

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Source: ATP Oil & Gas, June 3, 2012; Image: spe