Atwood Aurora Contracted to Drill Offshore Cameroon

- Atwood Aurora Contracted to Drill Offshore Cameroon

Friday, June 03, 2011
Atwood Oceanics Inc.

Atwood Oceanics' subsidiaries has been awarded a contract by a subsidiary of Noble Energy for the Atwood Aurora. With contract commencement expected in October 2011, the award has an estimated firm duration of 240 days plus an option well with an estimated duration of approximately 40 days. The day rate for work offshore Cameroon will be approximately $126,000 and for work offshore Equatorial Guinea, the day rate will be approximately $134,000. With the award of this contract, the firm contractual commitments for the Atwood Aurora are expected to extend through May 2012.

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Drillship Jasper Explorer Contracted for Gig Offshore Guinea

- Drillship Jasper Explorer Contracted for Gig Offshore Guinea

Wednesday, May 18, 2011
Hyperdynamics Corp.

AGR Petroleum Services has signed a drilling contract, on behalf of Hyperdynamics, with Jasper Drilling Private Limited of Singapore to contract the drillship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea. The Jasper Explorer is a modern Pelican Class self-propelled drillship capable of operating in water depths up to 5,000 feet.

"The conclusion of a drilling contract with Jasper Drilling Private Limited is a crucial step in preparations for our drilling campaign. We are on track to spud the first well in the fourth quarter of this year offshore Guinea," said Ray Leonard, Hyperdynamics president and chief executive officer.

A copy of the drilling contract is included as an exhibit to a Report on Form 8-K to be filed concurrently with the U.S. Securities and Exchange Commission (SEC).

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