Atwood Oceanics Announces the Award of a One Well Drilling Program in the U.S. Gulf of Mexico for the RICHMOND
27 October 2009 - 9:11AM
PR Newswire (US)
HOUSTON, Oct. 26 /PRNewswire-FirstCall/ -- ATWOOD OCEANICS, INC.,
(NYSE: ATW) a Houston-based International Drilling Contractor,
announced that the RICHMOND has been awarded a contract by Applied
Drilling Technology Inc. to drill one well in the U.S. Gulf of
Mexico, at a dayrate of $32,500. The drilling of this well is
estimated to take 30 to 40 days to complete. Additional contract
opportunities following the completion of the drilling of this
one-well commitment at the end of November or early December 2009
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, 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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