Atwood Oceanics Announces Nine-Month Contract Extension for the Vicksburg
July 19 2010 - 1:03PM
PR Newswire (US)
HOUSTON, July 19 /PRNewswire-FirstCall/ -- ATWOOD
OCEANICS, INC., Houston-based
International Drilling Contractor (NYSE: ATW), announced today that
the VICKSBURG (operated by our wholly-owned subsidiary Atwood
Oceanics Pacific Limited) has been awarded a nine-month contract
extension by Nucoastal (Thailand)
Limited. With the extension, the rig's current contract commitment
(with a dayrate of $90,000) will
extend through June 30, 2011.
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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