No Contract Visibility through 30th June 2009
ATWOOD OCEANICS, INC., (Houston-based International Drilling Contractor – NYSE ATW), announced today that they continue to pursue contract opportunities for the ATWOOD SOUTHERN CROSS in all worldwide markets in which it technically can work; however, we do not presently expect to receive any contract commitments for the rig through June 30, 2009. Currently, we plan to keep the rig prepared to immediately commence working once a contract opportunity has been identified.