Located in 3,454ft of water, the GC 300 #2 well was sidetracked and encountered a gas reservoir between 15,590ft and 15,721ft total vertical depth in 2006.

ATP plans to commence well operations with the Diamond Ocean Victory rig in 2011.

The company operates the Green Canyon block with a 55% working interest.

ATP chairman and CEO Paul Bulmahn said the Gulf of Mexico is where the company refined its deepwater expertise and is looking forward to generating further production growth.

ATP is an international offshore oil and gas development and production company focused in the Gulf of Mexico, Mediterranean Sea and North Sea.