Atwood Announces Delivery of Its Newly Constructed LeTourneau SUPER 116E Jack-Up, the ATWOOD AURORA
December 23 2008 - 10:06AM
PR Newswire (US)
HOUSTON, Dec. 23 /PRNewswire-FirstCall/ -- Atwood Oceanics, Inc.
(NYSE:ATW), announced today that its wholly-owned subsidiary,
Atwood Oceanics Pacific Limited, took delivery of its newly
constructed LeTourneau SUPER 116E Jack-up, ATWOOD AURORA, from
Keppel AmFELS in Brownsville, Texas on December 22, 2008. The rig
will undergo additional final commissioning prior to being loaded
on a vessel at the end of December 2008 or early January 2009 for
transport to offshore Egypt to commence a two-year contract
(estimated mid-February 2009). Statements contained in herein with
respect to the future are forward-looking statements. These
statements reflect management's reasonable judgment with respect to
future events. Forward-looking statements involve risks and
uncertainties. Actual results could differ materially from those
anticipated as a result of various factors including; the
dependence of Atwood Oceanics, Inc. and its subsidiaries
(collectively, the "Company") on the oil and gas industry; the
risks involved the construction of a rig; competition; operating
risks; risks involved in foreign operations; risks associated with
possible disruption in operations due to terrorism; risks
associated with a possible disruption in operations due to a war
with Iraq; and governmental regulations and environmental matters.
A list of additional risk factors can be found in the Company's
annual report on Form 10-K for the year ended September 30, 2008,
filed with the Securities and Exchange Commission. DATASOURCE:
Atwood Oceanics, Inc. CONTACT: Jim Holland, +1-281-749-7804, for
Atwood Oceanics, Inc. Web site: http://www.atwd.com/
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