Atwood Oceanics Announces Notice of Contract Termination
March 03 2004 - 3:14PM
PR Newswire (US)
Atwood Oceanics Announces Notice of Contract Termination HOUSTON,
March 3 /PRNewswire-FirstCall/ -- Atwood Oceanics, Inc.,
(Houston-based International Offshore Drilling Contractor)
announced today that ExxonMobil Exploration & Production
Malaysia Inc. ("EMEPMI") has given written notice in accordance
with the early termination provision of the contract that they will
terminate the SEAHAWK contract upon the completion of work in
progress on June 29, 2004. The contract provides for a
demobilization fee of $1.8 million. The rig has been contracted by
EMEPMI since 1992. Additional work will be pursued in Southeast
Asia as well as other areas of the world. DATASOURCE: Atwood
Oceanics, Inc. CONTACT: Jim Holland of Atwood Oceanics, Inc.,
+1-281-749-7804 Web site: http://www.atwd.com/
Copyright
Atwood Oceanics (NYSE:ATW)
Historical Stock Chart
From May 2024 to Jun 2024
Atwood Oceanics (NYSE:ATW)
Historical Stock Chart
From Jun 2023 to Jun 2024