ATI Petroleum (ATIP) officially listed on the NYSE/EURONEXT
At 17:00 p.m. Paris time, July 3, 2007, the securities of ATI Petroleum (a member of the ATI group) were officially listed on the NYSE/Euronext. On July 6, 2007, Europe Finance et Industrie (EFI) – a European underwriter, will ensure that ATI Petroleum will trade the necessary number of initial shares at a nominal price. ATIP stock will officially begin trading on the NYSE-EURONEXT Stock Exchange on July 9, 2007.
ATIP’s board of Management, together with support from EFI, has ensured that ATIP becomes the first American petroleum company owned by a Vietnamese to be listed on the NYSE/Euronext. ATIP conservatively expects that its stock will settle at a price of 10 – 15 euros.
On this occasion, ATIP officially announces its investment plans for petroleum and uranium mining. Its main projects include:
– exploring and exploiting oil and gas blocks 102 and 106 in Gulf of Tonkin – Vietnam.
– Developing oil and gas blocks in Ghana and Tunisia.
– Signing product sharing contracts (PSC) for two oil and gas blocks in Guinea Bissau.
– Signing a PSC for two oil and gas blocks in Cambodia.
– Signing a PSC for one oil and gas block in Cote d’Ivoire.
– Acquiring four uranium mines in Niger.
ATIP will gradually transform these projects into production assets in order to increase ATIP’s overall asset value.
Contact Information:
1. USA Headquarters:
142 Fairbanks Road, Oak Ridge, Tennessee, TN 37830 USA.
Tel: +(865) 481 4844
Fax: +(865) 481 4850
2. Paris Office:
ATIP at Regus
68, rue du Faubourg Saint-Honore
75008 Paris, France.
Tel: +33 (0)1 53 43 27 38
3. Hanoi Office:
Room 4 12A Floor Vincom Tower,
191 Ba Trieu, Hai Ba Trung, Hanoi
Tel: (84-4) 974 3892
Fax: (84-4) 974 3895
4. Contacts:
Ron Sullivan
Tel: +33 (0)6 99 16 95 63
ATIP at Regus
68, rue du Faubourg Saint-Honore
75008 Paris, France
Email: rsullivan@atincorporated.com
Valentine Denesle
Tel: +33 (0)1 53 43 27 38
Fax: +33 (0)1 44 77 92 44
68, rue du Faubourg Saint-Honore,
75008 Paris, France
Email: valdenesle@hotmail.com
This information is provided by CompanynewsGroup
