HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced first quarter 2008 results which include record production, record revenues and record earnings.

Highlights include:

* 3.6 MMBoe (21.6 Bcfe) of production, a 36% increase over first quarter 2007;

* $226.0 million of oil and gas revenue, a 56% increase over first quarter 2007;

* $46.8 million of net income, a 71% increase over first quarter 2007;

* Net income of $1.29 per diluted share.

Oil and gas production increased 36% to 3.6 MMBoe (21.6 Bcfe) for the first quarter of 2008, compared to 2.6 MMBoe (15.9 Bcfe) for the first quarter of 2007. Oil production was 1.6 MMBbls and natural ...