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Thursday, August 4, 2011

Atwood Secures Extension for Jackup Vicksburg

- Atwood Secures Extension for Jackup Vicksburg

Thursday, August 04, 2011
Atwood Oceanics Inc.

Atwood Oceanics announced that one of its subsidiaries has been awarded a twelve-month contract extension with an affiliate of Coastal Energy Company for the jackup Vicksburg, priced at the current day rate of $90,000 from January 1, 2012 to June 30, 2012, after which the day rate will be $95,000 until Dec 31, 2012. With the extension, the Vicksburg's firm commitment extends through December 31, 2012.

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