Atwood Oceanics Announces Three-Month Contract Extension for the Vicksburg
April 15 2010 - 2:48PM
PR Newswire (US)
HOUSTON, April 15 /PRNewswire-FirstCall/ -- ATWOOD
OCEANICS, INC., Houston-based
International Drilling Contractor (NYSE: ATW), announced today that
the VICKSBURG (owned and operated by our wholly-owned
subsidiary Atwood Oceanics Pacific Limited) has been awarded a
three-month contract extension by Nucoastal (Thailand) Limited. With the extension, the
rig's current contract commitment (with a dayrate of $90,000) will extend to the end of September 2010.
Statements contained in this report 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 Company's dependence on the oil
and gas industry; the risks involved in the construction of a rig
and commencement of operations of the rig following delivery;
competition; operating risks; risks involved in foreign operations;
risks associated with possible disruption in operations due to
terrorism, acts of piracy, embargoes, war or other military
operations; 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, 2009, filed with the Securities and
Exchange Commission.
SOURCE Atwood Oceanics, Inc.
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