case 1, if atpg gets 2 permits on its 941 filed, and oil is flowing out of that two wells, atpg will be up dramatically, thinking along this line, atpg has invested nearly $1 billion on this thing, we are only a couple of months away from seeing the fruits.
case 2, atpg does not get permits or oil price plunge below $60, atpg is probably cash flow even now, so its price will just be violent down and up, since at this point, the cup is half empty half full.
Case 3, no permits and oil price plunges, atpg gets killed.
I believe atpg will get permits sooner or later, it is not just about atpg, no group can fight with the whole oil industry. People's job, GOM states' tax revenues, are all depending on that.
