Atwood Oceanics, Inc. (ATW)

[eastunder]

Atwood Oceanics Announces Contract for the Atwood Aurora
Press Release: ATWOOD OCEANICS, INC. – Fri, Dec 9, 2011 9:45 AM EST..

HOUSTON , Dec. 9, 2011 /PRNewswire/ -- ATWOOD OCEANICS, INC., announced today that one of its subsidiaries has been awarded a drilling services contract by a subsidiary of Bowleven Plc. for the Atwood Aurora. The day rate for work offshore Cameroon will be approximately $134,000 , with contract commencement expected in May 2012 in direct continuation of the current contract. The award has an estimated firm duration of 120 days plus a one well option at the contract day rate if exercised by December 31, 2011 , or at $139,000 if exercised by March 31, 2012 . With the award of this contract, the firm contractual commitments for the Atwood Aurora are expected to extend through October 2012 .