POSSIBLE FIX?: Right click desktop > Properties. Settings tab. Change color quality to Highest (32 bit).
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I've been able to reproduce this problem.
I had the same issue. I did not have any of the three OpenAL files in my system32 directory, so they were not the culprit. I, too, had DropTeam.log list my drivers as Microsoft drivers, despite having the latest Omega ATI drivers.
I was running my desktop on 16-bit color (to accomodate an older game) instead of 32-bit color, which I normally run (and which apparently most people do nowadays). Switching to 32-bit color, the game ran, and DropTeam.log showed my video information correctly.
I went back to 16-bit color and it crashed again, so I was able to isolate the issue.
Not sure what's causing that. I'll try to work with you guys. For now, see if this fix works.