ATWOOD OCEANICS Announces the Award of a One Well Drilling Program in the U.S. Gulf of Mexico for the RICHMOND
November 30 2009 - 12:28PM
PR Newswire (US)
HOUSTON, Nov. 30 /PRNewswire-FirstCall/ -- ATWOOD OCEANICS, INC.,
(NYSE: ATW) a Houston-based International Drilling Contractor,
announced that the RICHMOND has been awarded a contract by Helis
Oil & Gas Company LLC being turnkey drilled by Applied Drilling
Technology Inc. for one well in the U.S. Gulf of Mexico, at a
dayrate of $33,500. The drilling of this well is estimated to take
60 to 80 days to complete. Additional contract opportunities
following the completion of the drilling of this one-well
commitment in early to mid February 2010 are currently being
pursued. 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. DATASOURCE:
Atwood Oceanics, Inc. CONTACT: Jim Holland of Atwood Oceanics,
Inc., +1-281-749-7804 Web Site: http://www.atwd.com/
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