Exhibit 99.2
MOR-1 UNITED STATES BANKRUPTCY COURT CASE NAME: ATP Oil & Gas Corporation PETITION DATE: 8/17/2012 CASE NUMBER: 12-36187 DISTRICT OF TEXAS: Southern proposed plan DATE: To be determined DIVISION: Houston AMENDED AND RESTATED—AMENDMENTS UNDERLINED MONTHLY OPERATING REPORT SUMMARY FOR AUGUST 2012 MONTH 18/17/12 to 8/31/12 I I I I I REVENUES (MOR-6) $ 17,962,067 INCOME BEFORE INT; DEPREC./TAX (MOR-6) 1,618,169 f ! NET INCOME (LOSS) (MOR-6) (32,699,588) PA YMENTS TO INSIDERS (MOR-9) 75,859 PA YMENTS TO PROFESSIONALS (MOR-9) 620,479 , TOTAL DISBURSEMENTS (MOR-8) $ 386,317,124 I I I I ***The original of this document must be filed with the United States Bankruptcy Court and a copy must be sent to the United States Trustee*** CIRCLE ONE REQUIRED INSURANCE MAINTAINED Are all accounts receivable being collected within terms? Yes ( Wo ) AS OF SIGNATURE DATE EXP. Are all post-petition liabilities, including taxes, being paid within terms? QVgs ) No DATE Have any pre-petition liabilities been paid? ( Yes ) No In accordance with court approved motions, payments include pre-petition payroll, employee expense reimbursements, independent contractor fees, utility fees for the stub period of August, and CASUALTY YES(X)NO() 06-30-13 If so, describe any fees due on our bank accounts. LIABILITY YES(X)NO() 10-31-12 Are all funds received being deposited into DIP bank accounts? CyeO No VEHICLE YES(X)NO() 10-31-12 Were any assets disposed of outside the normal course of business? Yes ( NoJ) WORKER’S YES(X)NO() 06-30-13 If so, describe _ OTHER YES(X)NO() 06-01-13 Are all U.S. Trustee Quarterly Fee Payments current? ( vW) No What is the status of your Plan of Reorganization? We have not yet commenced negotiations with our stakeholders. ATTORNEY NAME: Charles S. Kelley, Esq. / certify under penalty of perjury that the following complete FIRM NAME: Mayer Brown, LLP Monthly Operating Report (MOR), consisting of MOR-1 through ADDRESS: 700 Louisiana St. MOR-9 plus attachments, is true and correct. Suite 3400 4 \h °(\ L? CUT, STATE, ZIP: Houston, I A ( f(J(J SIGNED X /-*”“*A Y<- A ffrA—‘ TITLE: Chief Accounting Officer TELEPHONE/FAX: (713) 238-3000 (ORIGINAL SIGNATURE) Keith R. Godwin October 22, 2012 MOR-1 (PRINTNAME OF SIGNATORY) DATE Revised 07/01/98
case NAME: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 COMPARATIVE BALANCE SHEETS ASSETS FILING DATE’ MONTH MONTH MONTH MONTH MONTH MONTH 8/17/2012 8/31/2012 CURRENT ASSETS Cash $ 6,119,734 $ 47,144,872 Restricted Cash 4,840,908 14,841,112 Accounts Receivable, Net 48,962,845 48,202,892 Accounts Receivable, Affiliates 699,367,083 705,099,121 Prepaid Expenses and Other Current Assets 18,938,661 19.533.602 TOTAL CURRENT ASSETS 778,229,231 834,821,599 Oil & Gas Properties 2,914,007,759 2,939,625,568 Less Accumulated DD&A and Impairment 1,622,583,195 1,636,941,332 OIL & GAS PROPERTIES, NET 1,291,424,564 1,302,684,236 OTHER ASSETS Deferred Tax Assets Investments in Affiliates 892,154,554 888,614,697 Deferred Financing Costs—net 2,075,258 2,171,506 Furniture & Fixtures, net 482,093 463,201 Other Non current Receivable 12,269,065 12,273,726 TOTAL ASSETS $ 2,976,634,765 $ 3,041,028,965 * Per Schedules and Statement of Affairs MOR-2 Revised 07/01/98
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 COMPARATIVE BALANCE SHEETS LIABILITIES & OWNERS’ filingdate’ MONTH MONTH MONTH MONTH MONTH MONTH EQUITY 8/17/2012 8/31/2012 LIABILITIES POST-PETITION LIABILITIES(MOR-4) $—$ 501,051,920 PRE-PETITION LIABILITIES “soured obligations 2.014.806.960 1.650.999.715 Priority unsecured obligations 11,287,816 11,287,816 Unsecured obligations 251.241.600 251.241.600 Other pre-petition obligations—- TOTAL CLAIMABLE PRE-PETITION LIABILITIES 2,277,336,376 1,913,529,131 Asset Retirement Obligation (1) 149,468,228 150,114,665 Derivative Liability 1,962,381—Other Long-term obligations(z) 544,832,478 510.150.491 TOTAL liabilities 2,973,599,463 3,074,846,20’7 owners’ equity (deficit) preferred stock 277,406,044 277,406,044 common stock 52,660 52,660 TREASURY STOCK (911,729) (911,729) additional paid-in capital 536,339,243 536,976,475 8/1-8/17 translation adjustment(3) 1.363.677 RETAINED EARNINGS: Filing Date (811.214.593) (811.214.593) RETAINED EARNINGS: Post Filing Date—(32,699,588) Equity in earnings of ATPIP and ATP Titan: Post filing date—(3.426.511) TOTAL OWNERS’EQUITY (NET WORTH) 3,035,302 (33,817,242) 1U1AL LIABILITIES & OWNERS’ equity $ 2,976,634,765 $ 3,041,028,965 * Per Schedules and Statement of Affairs MOR-3 Revised 07/01/98 ARO represents GAAP present value estimate of future cash flows. ARO is subject to certain potential bonding requirements which have not been determined as of the date of this filing. Other long-term obligations include term NPI and ORRI interests which are accounted for as long-term obligations under GAAP because they are granted on proved properties where production is reasonably assured. Amounts associated with these other long-term obligations are not payable until production occurs. Our August 17 through August 31,2012 income was estimated using an allocation of 15/31 days for certain line items. Our balance sheet line items represent the August 17 balances when possible; otherwise amounts presented represent July 31 balances. Because of this, an equity translation adjustment is required.
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 SCHEDULE OF POST-PETITION LIABILITIES MONTH MONTH MONTH MONTH MONTH MONTH 8/31/2012 TRADE ACCOUNTS PAYABLE $ 11,682,314 ACCOUNTS PAYABLE—AFFILIATES TAX PAYABLE Federal Payroll Taxes : State Payroll Taxes—Ad Valorem Taxes—Other Taxes : TOTAL TAXES PAYABLE—SECURED DEBT POST-PETITION 414,344,609 ACCRUED INTEREST PAYABLE 583,204 ACCRUED PROFESSIONAL FEES* 746,512 OTHER ACCRUED LIABILITIES Payroll accruals—Other accruals 55.145.058 Other payables 18,550,223 TOTAL POST-PETITION LIABILITIES (MOR-3) $ 501,051,920 *Payment requires Court Approval MOR-4 Revised07/01/98
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 AGING OF POST-PETITION LIABILITIES MONTH 8/31/2012 DAYS I TOTAL I TRADE I FEDERAL I STATE I AD VALOREM, I ACCOUNTS TAXES TAXES OTHER TAXES 0-30 $ 11,682,314 $ 11,682,314 $ $ $—31-60———- 61-90———- 91+———- TOTAL $ 11,682,314 $ 11,682,314 $—I $—I $—I AGING OF ACCOUNTS RECEIVABLE DAYS TOTAL Revenue Joint Interest(1) Other 0-30DAYS $ 44,287,02?” $ 39,615,379 ‘$ 4,612,629 59,019 31-60 days (67,222) (160,196)—92,974 61-90 days 834,183—757,314 76,869 91+days 3,148,904 (225,945) 2,665,023 709,826 TOTAL $ 48,202,89 $ 39,229,238 $ 8,034,966 938,688 MOR-5 Revised 07/01/98 (1) 91+ day balance Includes $2,013,375 of amounts being withheld over Wl% dispute and $527,613 of amounts regarding Black Elk/Nippon lawsuit (2) 91+ day balance includes $317,135 due from Bluewater Industries and $392,691 due from Israel Tax Authority for VAT taxes
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 STATEMENT OF INCOME (LOSS) MONTH MONTH MONTH MONTH MONTH MONTH FILING TO 8/17/12 to 8/31/12 DATE revenues (MOR-i) $ 17,962,067 $ 17,962,067 0 gross profit 17,962,067 17,962,067 operating expenses: Lease Operating Expenses 3,596,446 3,596,446 Processing fees, related party 3,456,290 3,456,290 DD&A /Impairment 6,958,244 6,958,244 Accretion 508,076 508,076 Abandonment(Gain)/Loss 32,108 32,108 Compensation Expense 778,853 778,853 Professional Fees 882,462 882,462 Other General & Administrative 131,419 131,419 total operating expenses 16,343,898 16,343,898 income (loss) from operations (mor-1) 1,618,169 1,618,169 interest income 2,033,953 2,033,953 interest (expense), net (2,191,113) (2,191,113) derivatives gain/(loss)—-_ debt extinguishment gain/(loss) (6,937,100) (6,937,100) TOTAL INT, DER.& OTHER ITEMS (7,094,260) (7,094,260) NET INCOME (LOSS) BEFORE REORGANIZATION 1 (5,476,091) (5,476,091) REORGANIZATION (EXPENSES): US Trustee fees (30,000) (30,000) Professional fees (1,037,305) (1,037,305) Debt valuation adjustments—-_ Claims adjustments (26,156,192) (26,156,192) Interest income reorganization expenses, net: (27,223,497) (27,223,497) net income (loss) (mor-i) $ (32,699,588) $ (32,699,581?) Accrual Accounting Required, Otherwise Footnote with Explanation. MOR-6 Revised 07/01/98
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 CASH RECEIPTS AND MONTH MONTH MONTH MONTH MONTH MONTH FILING TO DISBURSEMENTS 8/17/12 to 8/31/12 DATE 1. CASH-BEGINNING OF MONTH $ 6,119,734 $ 6,119,734 RECEIPTS; COLLECTION OF NET REVENUE ACCOUNTS RECEIVABLE 21,003,439 21,003,439 COLLECTION OF JOINT INTEREST ACCOUNTS RECEIVABLE—-_ OTHER OPERATING RECEIPTS (See Attached)—-_ FINANCING RECEIPTS (See Attached) 406,338,823 406,338,823 total receipts’”‘ 427,342,262 427,342,262 Withdrawal) Contribution by Individual Debtor MFR-2* DISBURSEMENTS; TERM-LIMITED ORRI 940,089 940,089 term-limited npi—-_ derivative settlements paid (received) 2,141,118 2,141,118 lease operating costs—-_ gomez pipeline obligation 830,833 830,833 titan fee 5,500,000 5,500,000 atpipfees 1,571,182 1,571,182 GENERAL & ADMINISTRATIVE (See Attached) 437,500 437,500 OTHER OPERATING DISBURSEMENTS (See Attached)—-_ TOTAL DISBURSEMENTS FROM OPERATIONS 11,420,722 11,420,722 CAPEX CASH DISBURSMENTS (See Attached)—-_ BANKRUPTCY & PROFESSIONAL FEES (See Attached) 620.479 620,479 FINANCING PAYMENTS—PRINCIPAL AND INTEREST (See Attached) 374.275.923 374,275,923 total disbursements** 386,317,124 386,317,124 17. net cash flow 41,025,138 41,025,138 18. CASH-END OF MONTH (MOR-2) $ 47,144,872 $ 47,144,872 * Applies to Individual debtors only MOR-7A **Numbers for the current month should balance (match) Revised 07/01/98 RECEIPTS and CHECKS/OTHER DISBURSEMENTS lines on MOR-8
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 ICASH RECEIPTS AND MONTH MONTH MONTH MONTH MONTH MONTH FILING TO idisbursements detail 8/17/12108/31/12 date j OTHER OPERATING RECEIPTS (Line 3) $—$—GENERAL & ADMINISTRATIVE (Line 12) Compensation 352,523 352,523 Rent—-_ Office and general costs Travel related—-_ D&O 82,413 82,413 Other costs 2,564 2,564 GENERAL & ADMINISTRATIVE TOTAL 437,500 437,500 BANKRUPTCY & PROFESSIONAL FEES (Line 15) Legal advisors 620,479 620,479 Financial advisors—-_ Operational/Other consultants—-_ BANKRUPTCY & PROFESSIONAL FEES TOTAL 620,479 620,479 OTHER OPERATING DISBURSEMENTS (Line 13)—-_ CAPEX CASH DISBURSMENTS (Line 14) Maintenance/Other—-_ Clipper project—-_ Gomez #9 project Plugging and abandonment of oil and gas properties CAPEX CASH DISBURSMENTS TOTAL—-_ FINANCING PAYMENTS—PRINCIPAL AND INTEREST (Line 16) 1st lien principal and interest 367,338,823 367,338,823 New facility principal and interest 6,937,100 6,937,100 Legal fees related to new facility—FINANCING PAYMENTS—PRINCIPAL AND INTEREST TOTAL 374,275,923 374,275,923 FINANCING RECEIPTS (Line 4) New facility proceeds $ 406,338,823 $ 406,338,823
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 CASH ACCOUNT RECONCILIATION MONTH OF 8/17/12 to 8/31/2012 BANK NAME JPMorgan Chase JPMorgan Chase JPMorgan Chase JPMorgan Chase JPMorgan Chase Compass Bank ACCOUNT NUMBER 113334321 1000027441 6300050955 58902066488 113400841 2524118079 ACCOUNT TYPE Operating Deposit Controlled Disbursement Cafeteria Plan Other Payroll TOTAL BANK BALANCE $ 48,012,307 $ 15,299 $ $ 23,936 $ $ 229,607 $ 48,281,149 DEPOSITS IN TRANSIT———— -_ OUTSTANDING CHECKS—- 1,129,899 6,378—- 1,136,277 adjusted BANK BALANCE $ 48,012,307 $ 15,299 ‘$ (1,129,899) 17,558 $—$ 229,607 “$ 47,144,872 BEGINNING CASH-per BOOKS $ 7,134,646 $—$ (1,129,899) $ 18,151 $ 96,836 $ 6,119,734 RECEIPTS* 426,621,745 720,517 ‘—— “ 427,342,262 rRANSFERS between ACCOUNTS (737,417) (705,218) 942,635—- 500,000 -_ (WITHDRAWAL) OR CONTRIBUTION BY INDIVIDUAL DEBTOR MFR-2———— -_ CHECKS/OTHER disbursements* 385,006,667 : 942,635 593 367,229 386,317,124 ENDING CASH-per BOOKS I $ 48.012.307 I $ 15.299 I $ (1.129.899)1 $ 17.558 I $—I $ 229.607 I $ 47.144.872 MOR-8 ‘Numbers should balance (match) TOTAL RECEIPTS and Revised 07/01/98 TOTAL DISBURSEMENTS lines on MOR-7
case name: ATP Oil & Gas Corporation CASE NUMBER: 12-36187 PAYMENTS TO INSIDERS AND PROFESSIONALS Of the total disbursements shown for the month, list the amount paid to insiders (as defined in Section 101(31)(A)-(F) of the U.S. Bankruptcy Code) and the professionals. Also, for insiders, identify the type of compensation paid (e.g. salary, commission, bonus, etc.) (Attach additional pages as necessary). MONTH MONTH MONTH MONTH MONTH MONTH INSIDERS: NAME/COMP TYPE 8/17/12 to 8/31/12 T. Paul Bulmahn (salary) $ 17,767 Leland E. Tate (salary) 14,634 Albert L. Reese Jr. (salary) 11,577 George R. Morris (salary) 11,848 John E.Tschirhart (salary) 8,731 Keith R. Godwin (salary) 11,302 TOTAL INSIDERS (MOR-1) $ 75,859 MONTH MONTH MONTH MONTH MONTH MONTH PROFESSIONALS 8/17/12 to 8/31/12 DIP Lender Legal/Advisors 1. BinghamMcCutchenLLP $ 620,479 TOTAL PROFESSIONALS (MOR-1) $ 620,479 MOR-9 Revised 07/01/98