ATI Petroleum is pleased to announce that the French court has cancelled the settings in an examination of the four individuals who were arrested last November 20.   

The Republic of Guinea Bissau has sent a confirmation letter to Dr. Huu Dinh, President & CEO, ATI Petroleum to allow ATIP to invest in petroleum exploration and development of two (02) blocks strike, offshore, Guinea Bissau. For the time being, several major international oil & gas companies are actively conducting exploration and production activities in this country. Receiving the invitation letter from Guinea-Bissau Government, ATIP’s delegation including Mr. Christophe, Advisor, Mr. Nguyen Van Trung, Corporate Development Director, and Ms. Luong Thanh Huyen, Senior Geologist, will go to Guinea Bissau to kick off the project.

4The invitation letter from Guinea-Bissau Government

(LONDON) Oil prices, which on Wednesday hit US$100 a barrel for the first time, will probably go up further in the next five years unless economic growth falters and slows fuel demand.

Falling production in some areas outside Opec, robust growth in demand led by countries such as China and a strain on oil refineries to make fuels from crude are likely to extend a rally that began in 2002.

'Oil could rise further from here,' said Kris Voorspools, analyst at Fortis in Brussels. 'It's simple supply and demand fundamentals. Demand is going up and I think there is a structural problem with the refining sector. There's higher demand for higher-quality products and refineries are simply not up to making those kinds of products.'

The surge on Wednesday has brought oil near the inflation-adjusted record peak of US$101.70 hit in 1980 when war between Opec members Iran and Iraq triggered an oil supply crisis.

'We find it difficult to contemplate any scenario which doesn't see annual average prices going steadily higher,' said Kevin Norrish, analyst at Barclays Capital in London.

'This is driven by the same trends that have been in place - acceleration of decline rates in mature non-Opec producers outside the former Soviet Union. Demand growth is continuing to be stable, despite high prices.'

Supply restraint by Opec helped prices to rise by nearly 58 per cent last year, the biggest annual gain this decade. Opec, source of more than a third of the world's oil, chose to keep supply steady at a meeting in December, rather than lift output to dampen prices as consumer nations had been urging.

A weakening US dollar, political tension in the Middle East and oil's growing appeal to financial investors have also fuelled the price run-up.

So far, the world economy has coped with ever-rising prices but others in the industry say the jury is out on whether the latest surge will put a brake on growth and curb demand.

'You can make a case either way,' said Nauman Barakat, senior vice-president at Macquarie Futures USA, when asked in which direction prices will head in the next three to five years.

'Prices could be a lot higher because continued strong demand from Brazil, India and China, but on the other hand they could be a lot lower because these kinds of high price levels could cause a global recession.' Most forecasts, however, expect demand to continue to rise.

Cambodia has created a buzz in the oil sector since 2005 when petroleum was discovered off the country's coast. "Cambodia has six potential fields in the Gulf of Thai Land, more than 100 miles off Sihanoukville, as well as several other fields in areas that are disputed by Thailand. Onshore, mining companies have found deposits of a variety of minerals, primarily bauxite and gold." (Seth,M. ' Big oil in Tiny Cambodia: The burden of New Wealth').  World Bank has recently estimated Cambodia's total offshore petroleum potential at up to 2 billion barrels. Cambodia is an oil and gas and mineral treasure which is waiting to be explored.

ATIP.

At the invitation of Dr Huu Dinh, ATI’s Chairman – CEO, in the mid of December, the Head of Confederation of Aboriginal People of Canada paid a visit to Vietnam to get to know more about this country also to strengthen brotherhood with ATI and open a future of the international business corporation between the two. 

A senior delegation led by Sir Guillaume Carle, Grand Chief of Canadian Aboriginal Confederation visited Dr Dinh and ATI Vietnam. The 10-day visit has brought time for them to get to know more about Vietnam through a variety of cultural activities held in Thac Da, Bai Tu Long and Hanoi. The delegation has welcomed warmly by the Chairman Dr Dinh and all of his staff, ended with an impressive and cozy ceremony and performance in Thac Da, one of ATI Resorts.

Discussing on strategic economic development, the Grand Chief highly appreciated Vietnam economic potential especially when he visited ATI Group. “You have so many opportunities to go further ahead” said Sir Carle.

His visit to Vietnam did not only tighten the friendship and sustain the brotherhood but also open new corporate and investment opportunities in oil and gas exploration with ATIP.  Two projects in oil and gas; and uranium will be implemented in January 2008.

The Confederation of Aboriginal People of Canada and ATIP have signed a contract in exploring and exploting oil, gas and mineral in 09/10/2007 in Paris. ATIP’s Chairman- CEO, together with Chief Operation Official (COO), Mr Roger Van Huss also had paid a visit to Canada to work with Sir Carle. Available oil, gas and uranium resources in Canada will open up opportunities for long term international business corporation between the two partners.

ATIP news.

Ha Noi, December 14, 2007

The Partner Meeting for Blocks 102 & 106 was held on 14 December 2007 in Hanoi with participants from PVEP (Petrovietnam Exploration Production Corporation), Mr. Le Van Truong, Vice President; SPC (Singapore Petroleum Company), Dr Tony Tan, Senior Vice President; ATIP (ATI Petroleum), Dr Huu Dinh, President & CEO; and PCOSB (Petronas Carigali Overseas Sdn. Bhd.), Mr. Low Yew Lim, GM, South East Asia Projects.

1. Drill appraise well Yen tu-2X , based on proved oil discovery well Yen Tu-1X.
    
2. 2008 Drilling 3 well Sequence.
    
3. 2008 Work Program & Budget.

The following has been agreed upon by all partners:

1. Drilling of the Ham Rong -1X well in Q2/2008. Hydrocarbon potential of 199 million barrels of oil (OIIP).
    

2. Drilling appraise well Yen tu 2X , based on proved oil for discovery well Yen Tu 1X 74 million barrels ( OIIP ) and retest the carbonate basement 471 Mmstb oil ( poss ) and 1232 Bscf gas ( proved + Prob ) for commercial readiness . Drill in late Q2/2008.
    
3. Drilling addition firm exploration well back to back following Ham Rong -1X 2008 and appraise well Yen Tu- 2X.
    
4. The CY2008 Work Program including the drilling of three (03) wells with a firm total budget of USD 85.05 million and a total contingent budget of USD 16.42 million.

Our strategy is to explore and appraise for oil (primary) and gas (secondary) in Blocks 102 & 106 through drilling 3 wells depending on the availability of drilling rigs and taking into account the timing and cost effectiveness.

All the Partners agreed to rename Dong Nai -1X to Ham Rong -1X (Dragon Jaw). Dong Nai -1X was planned to be drilled in Q4 2007 but it was deferred to Q2/2008 because the rig company is unable to obtain insurance for the rig move during the monsoon season. Therefore, three (03) exploration/appraisal wells will be drilled in 2008.

For Yen Tu oil discovery well 1X year 2004 , proved the reserves of U210-A are 24 million barrels (STOIIP) the reserves of U210-B is 50 million barrels (STOIIP).

The objective of Ham Rong -1X well is to explore for Hydrocarbon potential of 199 million barrels of oil (OIIP) in the Pre-Tertiary fractured and Karstified Carbonate basement and in the clastic reservoirs of the Middle Miocene channels.

 The Company's licenses are for Tassedet Blocks 3 and 4, which encompass a total of 1,973.4 sq. km. (487,638 acres) in Niger's Tim Mersosî basin. These ATIP properties are flanked on the south and east by exploration and development blocks controlled by some of the largest uranium concerns in the world: Areva, Rio Tinto, and China Nuclear. 
 
ATIP management's negotiations with a major producer as partner are proceeding quickly, according to Dr. Huu Duc Dinh, ATIP Chairman and CEO. "We expect to bring them on board quickly and starting the exploration phase by the end of the year," said Dinh. 
 
Niger is fourth in the world in uranium production and proven reserves. However, based on Ministry of Mining statistics, only 10% of the country's territory has been surveyed and subjected to reserve calculations. With 90% of the country left to survey, a reasonable trend is that the country may have the largest reserves in the world. The result is that there will be a long-term demand for nuclear fuel. 
 
With the current decline of fossil fuel as an energy source, and with the advent of global warming, alternative energy sources are not large enough for a commercial scale of production that can support the world's growing economies. The only exception to this is nuclear power, now that the industry has reached technical and cost maturity. ATIP is a unique company that provides a bridge of clean energy resource solutions for the future, combining oil and gas with uranium to help ensure the steady growth of the world's economy. 
 
Business Strategy 
 
ATIP business strategy is to acquire critical energy resource properties on advantageous terms, and to hold, explore, develop, operate and manage those properties through partnerships, joint ventures and strategic relationships with other development companies." 
 
ATIP is an energy exploration company that holds, explores, develops, operates and manages petroleum and uranium properties. ATIP's sister company, American Technologies, Inc. (ATI), a 17-year old energy consulting firm based in Oak Ridge, Tennessee, U.S.A., provides energy, engineering and environmental remediation services to governments in developing countries.

Business Strategy

ATIP business strategy is to acquire critical energy resource properties on advantageous terms, and to hold, explore, develop, operate and manage those properties through partnerships, joint ventures and strategic relationships with other development companies.”

ATIP is listed on the Euronext Stock Exchange under the trading symbol, MLATP. The Company is preparing a new valuation of its reserves for submission to Euronext mid-September and intends to increase significantly its free float on the market.

Further information

ATI Petroleum: Paris, France: Ronald Sullivan +33 06 99 16 95 63 / Hanoi, Vietnam: David Yee +84 09 15 02 05 03 / Oak Ridge, TN USA: Michael Lindsey +1 865 481 53 65 Actifin, Financial PR Consultant: + 33 1 56 88 11 11 - Ségolène de Saint Martin, Emilie Debes

SINGAPORE, 13 NOVEMBER 2007. DR HUU DINH, Chairman of American Technologies, Inc. (ATI) was invited as guest speaker at Global Business Opportunities Forum 2007 to speak on Clean Nuclear Energy and Opportunity in Uranium Mining.

GBO Forum (Global Business Opportunities Forum) is a unique global platform focusing on investment and funding issues. A highlight of GBO Forum 2007 is the special focus on the development and opportunities of the fast growing technological, industrial and economic zones in the region.

ATI is an award-winning firm providing a complete range of nuclear engineering, environmental, and technical services to commercial and governmental clients across the United States, in Eastern Europe and south East Asia.

Nuclear Energy increasing becoming an important source of power in Asia considering that nuclear power is the most cost effective and environmental friendly alternative for electricity generating as a substitute for fossil fuels.

ATIP

Plans to expand nuclear-power generation around the world may be threatened by a shortage of skilled and available staff, the Organisation for Economic Cooperation and Development (OECD) said.

'We have a concern that we could risk the lack of qualified people,' Luis Echavarri, director general of the OECD's Nuclear Energy Agency, said in an interview yesterday in Rome at the World Energy Congress.

Utilities and governments from the US to Taiwan are proposing to build reactors to meet increasing energy demand and reduce carbon dioxide emissions, a gas scientists say causes global warming.

Power generators may build as many as 107 reactors by 2020, according to the World Nuclear Association.

ATIP

Producers will use it for national agendas, consumers will seek preferential treatment

OIL is flirting with US$100 a barrel. Do not think this just another price spike. It suggests a new geopolitical era when energy increasingly serves as a political weapon.

Producers (or some of them) will use it to advance national agendas; consumers (or some of them) will seek preferential treatment. We already see this in Hugo Chavez's discounting of Venezuelan oil to favoured allies, China's frantic efforts to secure guaranteed supplies, and Russia's veiled threats to use natural gas - it supplies much of Europe - to intimidate its neighbours and customers.

Since World War II, the United States has sought to keep energy - mainly oil - widely available on commercial terms. America's foreign policy has been, in effect, to prevent other nations from using oil to advance their foreign policies. On the whole, this has minimised conflicts over natural resources and has favoured global economic growth.

Producing countries focused on maximising their wealth; consuming nations relied on the market to get their oil. But shifts in supply and demand now threaten this system.

Just last week, the International Energy Agency in Paris projected that world oil demand would grow to 116 million barrels a day (mbd) by 2030, up from 86 mbd in 2007. About two-fifths of the increase would come from China and India; other developing countries would account for much of the rest.

The number of cars and trucks worldwide would more than double to 2.1 billion. There's only one catch: Oil supply probably won't satisfy projected demand.

The bottleneck is not scarcity of oil in the ground. Someday that will happen; it hasn't yet. Proven oil reserves - discovered oil, deemed recoverable - total about 1.2 trillion barrels, says the National Petroleum Council (NPC), a US government advisory group of industry and academic experts. That's 38 years of supply at present consumption rates.

Next is undiscovered oil; the NPC reckons another trillion barrels. Finally, there's about 1.5 trillion barrels of 'unconventional' reserves of heavy oil, tar sands and oil shale recoverable at higher prices.

Producing this oil is another matter. Low prices in the past (1985-2002 average: US$21 a barrel) discouraged exploration. Companies consolidated; Exxon merged with Mobil, Chevron with Texaco. Cutbacks have left shortages of drilling rigs, pipes, engineers, geologists and drilling crews.

In the late 1990s, a deep-water rig could be leased for less than US$200,000 a day, says Peter Robertson, Chevron's vice-chairman; now the cost can run to US$600,000.

With time, these shortages should ease. A bigger obstacle is access to reserves. Government-owned national oil companies control perhaps three-quarters of proven oil reserves. But they often need private companies (the world's Exxons and BPs) to explore and develop.

Perversely, high prices make negotiations longer, harder. Governments already have more oil money than expected. In 2007, Opec nations are projected to have revenues of US$658 billion, up from about US$195 billion in 2002.

Governments can afford to be tough and patient. Indeed, higher prices have caused them to raise royalty rates and taxes on private oil firms. Some companies have pulled out rather than accept tougher new terms. In the past year, ExxonMobil and ConocoPhillips left Venezuela, reports analyst Simon Wardell of Global Insight.

All these problems suggest that world oil output will advance slowly. For various reasons, Venezuela, Iran and Iraq are all now producing below previous peaks and below potential.

At some point, higher prices will dampen demand; changes in the weather and business cycle could also lead to lower prices. Still, a major turning point has occurred. Until now, oil's main geopolitical threat lay in the concentration of reserves in the unstable Persian Gulf. Supply disruptions (1973, 1979-80, 1990) coincided with wars and revolutions.

Otherwise, surplus capacity cushioned losses from accidents and weather. Now, most of that surplus has vanished. The pivotal year was 2004 when global demand, propelled by China, rose about triple the expected rate, says Larry Goldstein of the Energy Policy Research Foundation.

So the tightened gap between supply and demand has shifted power to producers.

'Will competition for scarce resources lead to political or even military clashes among major powers?' asks a report by the National Petroleum Council. 'Will bilateral arrangements among nations become common as governments attempt to 'secure' energy supplies outside of traditional market mechanisms?'

Here is what Americans might do: Raise fuel economy standards for new cars and trucks; gradually increase the gas tax (possibly offset with tax cuts) to induce people to buy those vehicles; expand oil and natural gas production in Alaska, the Gulf of Mexico and off the Atlantic and Pacific coasts. These steps would, with time, temper the power of oil producers while also checking greenhouse gases.

But many liberals, conservatives and environmentalists oppose parts of a sensible compromise. The stalemate hurts mainly Americans. -- The Washington Post Writers Group

ATIP

Paris, November 4, 2007, ATI Petroleum Ltd. (ATIP), an exploration and production company in petroleum and uranium properties, adds Doug Goehring as its Manager of Geophysics.

The Board of Directors of ATI Petroleum Ltd. ("ATIP" and the "Company") is pleased to announce that Mr. Doug Goehring has agreed to manage its geophysics activities as it continues to explore for oil, natural gas and uranium in Africa, Southeast Asia and elsewhere.  Mr. Goehring will be responsible for interpretation of subsurface profile data for ATIP investigations.  Mr. Goehring will oversee a diverse staff of geophysicists and geologists.  He has over nine years of experience as a Geophysical Manager for American Technologies and other companies.  Mr. Goehring has a degree in geology from the University of Northern Colorado. 

“ATIP’s  negotiations with major producers will be greatly enhanced by Mr. Goehring’s participation on our exploration team,” according to Dr. Huu Duc Dinh, ATIP Chairman and CEO.  “We are pleased to bring such a talented geologist on board,” said Dinh.  “Doug is at the cutting edge of geophysics technology.  His presence will assist us in speeding up the production process on our various properties around the world.” 

Business Strategy 

ATIP business strategy is to acquire critical energy resource properties on advantageous terms, and to hold, explore, develop, operate and manage those properties through partnerships, joint ventures and strategic relationships with other development companies.”  ATIP currently holds production sharing contracts and other contract vehicles with Vietnam, Tunisia, Niger and other African countries, alongside such major companies as Exxon Mobil, Shell, Rio Tinto and others. 

ATIP

ATIP Ltd.’s Board of Directors is finalizing an assessment of ATIP's assets in light of its acquisition of new blocks for petroleum exploration and new uranium mining blocks.  The Company is expanding its strategic business plan and finalizing its financial statement.

After acquiring two new blocks for petroleum exploration in Tunisia and two uranium mining blocks in Niger, ATIP is demonstrating strong potential in petroleum and uranium and believes that as an energy company it will further enjoy investors' interest in its listing on Euronext.  

Europe Finance et Industrie (EFI) has been successful in assisting ATIP's listing on the Euronext market and in significantly increasing its trading. EFI and ATIP have signed a long-termed agreement of cooperation to develop petroleum and uranium resources around the world and specifically in Africa.

ATIP is in its final stage of preparation for commercializing its petroleum potential in its Vietnam blocks, exploring for and producing oil and gas in Tunisia, uranium in Niger, and for signing a Production  Sharing Contract for blocks in Cambodia, Congo, Ghana and Guinea Bissau.

ATIP

Paris, October 3, 2007, ATI Petroleum Ltd. (ATIP), an exploration and production company in petroleum and uranium properties, will begin exploration of its Tassedet blocks this year.

The Board of Directors of ATI Petroleum Ltd. ("ATIP" and the "Company") will float additional shares of ATIP stock this week in order to raise funds for its exploration and development commitments to uranium resources in Niger.

The Company's licenses are for Tassedet Blocks 3 and 4, which encompass a total of 1,973.4 sq. km. (487,638 acres) in Niger's Tim Mersosî basin. These ATIP properties are flanked on the south and east by exploration and development blocks controlled by some of the largest uranium concerns in the world: Areva, Rio Tinto, and China Nuclear.

ATIP management's negotiations with a major producer as partner are proceeding quickly, according to Dr. Huu Duc Dinh, ATIP Chairman and CEO. "We expect to bring them on board quickly and starting the exploration phase by the end of the year," said Dinh.

Niger is fourth in the world in uranium production and proven reserves. However, based on Ministry of Mining statistics, only 10% of the country's territory has been surveyed and subjected to reserve calculations. With 90% of the country left to survey, a reasonable trend is that the country may have the largest reserves in the world. The result is that there will be a long-term demand for nuclear fuel.

With the current decline of fossil fuel as an energy source, and with the advent of global warming, alternative energy sources are not large enough for a commercial scale of production that can support the world's growing economies. The only exception to this is nuclear power, now that the industry has reached technical and cost maturity. ATIP is a unique company that provides a bridge of clean energy resource solutions for the future, combining oil and gas with uranium to help ensure the steady growth of the world's economy.

Business Strategy

ATIP business strategy is to acquire critical energy resource properties on advantageous terms, and to hold, explore, develop, operate and manage those properties through partnerships, joint ventures and strategic relationships with other development companies."

ATIP is an energy exploration company that holds, explores, develops, operates and manages petroleum and uranium properties. ATIP's sister company, American Technologies, Inc. (ATI), a 17-year old energy consulting firm based in Oak Ridge, Tennessee, U.S.A., provides energy, engineering and environmental remediation services to governments in developing countries.

Further information

ATI Petroleum: Paris, France: Ronald Sullivan +33 06 99 16 95 63 / Hanoi, Vietnam: David Yee +84 09 15 02 05 03 / Oak Ridge, TN USA: Michael Lindsey +1 865 481 53 71 Actifin, Financial PR Consultant: + 33 1 56 88 11 11 - Ségolène de Saint Martin, Emilie Dèbes

Please communicate with us through our email address dedicated to this issue: atipcertificates@atipetroleum.com  

1. If you have received our ATIP conversion package in the mail, please follow the directions enclosed. Our investor relations management team will expedite the conversion of your shares through our authorized transfer agent.

2. If you have not received this package, please send us an email with the following information:

Name

Address

Telephone

Email

Purchase Date

Purchase From

Number of Shares

Price per Share

Bank Payment Information

ATIP, INC. SHARES CERTIFICATION NUMBER:

Our goal is to complete this conversion process quickly and in a way that treats each stockholder fairly and equally.

- ATIP Investor Relations Staff

On September 14th, 2007, ATIP’s stock price had traded at €2.79 per share (equivalent to $4.00 per share).  The increase on the second day of trading to €3.00 per share (equivalent to $4.20) demonstrates to analysts that ATIP stock is attractive to the oil sector of the market and considered a good buy for investors. 

Mr. Ronald Sullivan, ATIP Vice Director of Operation, said: “The serious oil and gas investors are the crucial element for guaranteeing the sustained development of ATIP stock, as well as the main encouragement for us to expand our business. ATIP is now the asset of thousand investors, and the continued development of ATIP depends on the support of those investors, the ATIP Board of Directors and the ATIP staff.” 

ATIP Office - Paris

See trading of ATIP stock on Euronext

On 14 September 2007, ATI Petroleum, Ltd., shares traded successfully on the NYSE-Euronext.  As oil prices soared up to $82 per barrel for light sweet crude, ATIP successfully obtained additional licenses of exploration and development for blocks in several African countries, increasing ATIP’s potential reserves dramatically.

ATIP’s President and its Board of Directors agreed to trade stock on 14 September 2007 on NYSE-Euronext. 23,317 shares were traded at a price of 2.79 euros/share, equal to about 4 USD. The resulting market capitalization of 333.118 million euros equals approximately 466 million USD.

European securities specialists estimated that the ATIP stock price has an opportunity to rise quickly since oil prices have been increasing continuously amid perceived oil scarcity in the oil futures market.

ATIP has significant potential reserves after receiving rights of exploration and development for two new blocks in Tunisia and potentially two blocks in Congo, as well as others. ATIP, together with its partners Petronas, Singapore Petroleum and PetroVietnam, are studying commercial exploitation of Blocks 102 and 106 in the Gulf of Tonkin, Vietnam, next year.

The Partners' Technical Meeting for Blocks 102 & 106 was held on 21st August 2007 in Hanoi and the Partners namely Petronas Carigali, PetroVietnam, Singapore Petroleum Company and ATI Petroleum agreed on the following: 

1. Drill Well Dong Nai – 1X in Y2007, with an estimated well cost of USD37.2 million inclusive of 2 DST programs and Mob/Demob costs. 
  
     Dong Nai structure has Hydrocarbon potential of 199 MMSTB OIIP in multiple targets:  
    (1) Primary target in the Pre-Tertiary fractured and Karstified Carbonate basement, and
    (2) Secondary target in the clastic reservoirs of Middle Miocene channels. 

Jul 26, 2007

Jul 24, 2007

Click here to see large image

Oil price has been increasing rapidly and now reach to $72/barrel-the highest within last 10 months. The international financiers and economists estimate price of crude oil can roar up to $100/barrel in next few years. Rising oil prices and global glut of “merge and acquisition” made petroleum becoming big chance for investors as always and also made

China- our neighbour also had one company- Sinopec- sitting at No. 17  in the top 20 companies for the first time.

Thu Phương (theo Fortune)

Jul 03, 2007

June 19, 2007

June 18, 2007

June 13, 2007

May 29, 2007

May 27, 2007

May 25, 2007

March 16, 2007

March 13, 2007

March 13, 2007

To date, ATIP has finished the first round of negotiation with relevant authorities of Tunisia and now in the next round of talk to conclude PSCs for 2 blocks in the country. 

In another development, ATIP is in the negotiation with Ghana government to sign PSCs for 2 blocks there. (Bvom news)

February 28, 2007

1. EFI ((INVESTMENT BANKER - EURO FINANCE ET INDUSTRIE) - the bank responsible to list ATIP on Euronext
Address: 37Av. des Champs Elysées, 75008 Paris, France
Tel: +33 1 53 93 7400
Fax: +33 1 42 89 5598
Representative: Mr. Rémy Thannberger – EFI’s chairman
Email: efi@efi.fr


2. Asia and Vietnam
Address: Room 4, 12A floor Vincom Tower, 191 Ba Trieu Str.,
Hai Ba Trung Dist., Hanoi, Vietnam
Tel: (84-4) 974 3891
Fax: (84-4) 974 3895
Representative: Mr. David Yee
Mobile: +84 09 15 02 05 03
Email: david@ativietnam.com

3. America and the US
Address: 142 Fairbank Road, Oak Ridge, TN 3780 USA.
Tel: (865) 481 4844
Fax: (865) 481 4850
Representative: Mr. Michael Lindsey

4. Europe and France
Address: 5 rue du Chevalier Saint George, 75008, Paris, France
Tel: +331 44 77 92 31
Fax: +331 44 77 92 44
Representative: Mr. Ron Sullivan
Email: rsullivan@atincorporated.com

(Bvom news)

January 29, 2007

ATIP To Offer 26 Million Shares On Euronext For Vietnam Oil Project

Nevada-based American Technology Inc. Petroleum (USA), or ATIP, said it plans to list its shares on the Euronext stock exchange to raise 60million euro for an oil and gas project in north Vietnam, company Director Dinh Duc Huu said Monday.

"ATIP's exploration activities at Blocks 102 and 106 are showing positive results, therefore we need more funds to speed up our work," Huu noted.

"At our Thai Binh well, located about 50 kilometers from Haiphong port, we have estimated reserves of 1 trillion cubic feet of gas, allowing a gas flow of 47 million cubic feet a day," he said.

AITP - and its joint venture partners PetroVietnam, Malaysia's Petronas Carigali Bhd. and Singapore Petroleum Co. (S99.SG) - have so far drilled three wells and say they have found siginificant oil and gas reserves.

AITP is also involved in oil and gas explorating activities in Ghana, Nigeria, Russia and Tunisia, Huu added. (Dow Jones/Bvom)

January 16 , 2007

The company is pleased to announce that it has filed the application form for Blocks C2 and E1 in Tunisia with ETAP the Tunisian National Oil and Gas Company:

Block C.2, 5200 sq km in area, is located in the Central Part, onshore of Tunisia. This block is characterized by strong compartimentization and complicate fault systems trending Northwest-Southeast, Northeast-Southwest, sub-longitudal and sub-latitudal. It is traditionally believed that the main targets for exploration are Jurassic sandstones and carbonates. Eight (08) exploration wells have been drilled in the area since 1949, most of which have resulted in oil and gas shows. Chott Fejaj wells indicates good Middle Jurassic source rocks in Nara Formation. Well CF 3A / RE discovered condensate in Early/Mid Triassic and Permian sections, however they do not form effective reservoir due to poor porosity. Most of other prospects are fault related structures.

Block E1, 1540 sq km in area, is located in the East, offshore Tunisia. ATIP is initially confident of the existence of a system of oil and gas in the area of the block. This confidence is evidenced by the occurence of good shales from four (04) formations: Kechem el Miit Section, Orbata (Aptien), Mestaoua, (Lower and Middle Jurassic), and Middle Nara (Toarcien). These shales constitute good source rocks with TOC of 1.3 % – 3 % and Kerogen Type II capable of generating oil and gas and, more importantly, they are mature and in the oil window. Furthermore, a well in Oil Field El Biban, almost next to the area of this block, discovered 4417 BOPD of oil and 3.3 MMCF of associated gas, is also an encouraging factor that consolidates ATIP's confidence.

ATI Petroleum is pleased to provide a further update on the gas and condensate discovery made by the Thai Binh-1X exploration well ("Thai Binh-1X") drilled in Blocks 102 and 106 ("Blocks"). The well is located 50 kilometres south of Hai Phong City and is drilled in shallow waters of 28 metres in depth.

The second drill-stem test successfully flowed natural gas in the upper sand interval at the rate of approximately 24.4 million standard cubic feet per day through a 128/64" choke at the wellhead pressure of 514 psi. Condensate was produced at a rate of one barrel per million cubic feet of gas. This follows the success of the first drill-stem test conducted over the lower sand interval as reported last week.

On a combined basis, the well flowed at a total maximum rate of approximately 47.4 million standard cubic feet per day of natural gas from the upper and lower sand intervals through a 128/64" choke at an average wellhead pressure of 524 psi. Condensate was produced at an average rate of two barrels per million cubic feet of gas.

After completion of the testing operation, ATI Petroleum and its partners, Petronas, SPC and PIDC intend to proceed to plug and abandon the well and to release the Adriatic-XI drilling rig. Going forward, ATI Petroleum and its partners will undertake technical works to evaluate this discovery in Block 102.

ATI Petroleum is pleased to announce that Thai Binh-1X exploration well ("Thai Binh-1X") in Blocks 102 and 106 ("Blocks") offshore Vietnam successfully tested natural gas and condensate over two sand intervals. The two intervals flowed at a maximum combined rate of approximately 23.0 million standard cubic feet per day of natural gas through a 128/64" choke at a wellhead pressure of 534 psi. Condensate was produced at a rate of three barrels per million cubic feet.

Another drill-stem test is currently being conducted to test the hydrocarbon potential of the upper sand intervals.

ATI Petroleum is pleased to announce that on November 14th 2006, it has filed an official application with the Ministry of Energy of GHANA for the purpose of attribution of an Oil and Gas exploration block offshore.

The President and CEO of ATI Petroleum, Dr Huu Duc DINH , declared in Hanoi : “ In line with our strategy for the future, we are currently expanding our Oil and Gas exploration department to Africa where tremendous energy reserves are expected to be discovered. This will consolidate our asset base and enable the Company to increase future revenues”.

ATI Petroleum is a US Company member of the American Technologies Inc, Group with Operations in Oil and Gas exploration blocks 102 & 106 offshore Vietnam.