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ATP Named to NASDAQ Global Select Market.


HOUSTON -- ATP ATP: see adenosine triphosphate.
ATP
 in full adenosine triphosphate

Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms.
 Oil & Gas Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ATPG ATPG Automatic Test Pattern Generation
ATPG Automatic Test Program Generator
) announced that the company has been included in the new NASDAQ Global Select Market, a segment of the NASDAQ Global Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, the company had been listed on the NASDAQ National Market.

T. Paul Bulmahn, Chairman and President of ATP Oil & Gas Corporation, stated, "Inclusion in the NASDAQ Global Select Market is a mark of ATP's industry leadership and commitment to its shareholders. Investors benefit not only from lower trading costs on NASDAQ but also by knowing that the NASDAQ Global Select Market companies are those that have met the highest standards."

NASDAQ-listed companies are now classified under three listing tiers -- NASDAQ Global Select Market, NASDAQ Global Market, and NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1]

The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for
. According to NASDAQ, all three market tiers will maintain rigorous listing and corporate governance standards.

About ATP Oil & Gas Corporation

ATP Oil & Gas is a development and production company of natural gas and oil in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
 and the North Sea. The company trades publicly as ATPG on the NASDAQ National Market.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 28, 2006
Words:199
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