HOUSTON, Sept. 4, 2012 /PRNewswire/ -- ATWOOD
OCEANICS, INC. announced today that its executive officers and
Board members will ring the closing bell at the New York Stock
Exchange (NYSE) on Thursday, September 6,
2012, to commemorate the company's 15-year anniversary of
listing on the exchange. Atwood Oceanics, Inc. was founded in
1968, and its shares were traded publicly on another US exchange
prior to moving its listing to the NYSE in 1997.
"We are transforming our offshore drilling rig fleet through our
ambitious high-specification rig construction program," commented
Rob Saltiel, President and
CEO. "Over the next two years, we will take delivery of two
400-foot jackups and two ultra-deepwater drillships currently under
construction, further enhancing our market reach and technical
capabilities to better serve our clients. Atwood Oceanics'
prospects have never been brighter, so this is an excellent time to
be celebrating our company's longevity and success on the New York
Stock Exchange."
Rob Saltiel will also present at
the Barclays CEO Energy-Power Conference in New York City on Tuesday, 4 September 2012. A copy of the company's
presentation can be viewed on the company's website at
www.atwd.com.
Atwood Oceanics, Inc. is an international offshore drilling
contractor engaged in the drilling and completion of exploratory
and developmental oil and gas wells. The company currently owns 11
mobile offshore drilling units and is constructing two
ultra-deepwater drillships and two high-specification jackups for
deliveries in 2012, 2013 and 2014. The company was founded in 1968
and is headquartered in Houston,
Texas. Atwood Oceanics, Inc. common stock is traded on the
New York Stock Exchange under the symbol "ATW."
Forward Looking Statements
Statements contained in this press release with respect to
the future, including the anticipated shipyard deliveries of our
rigs under construction, are forward-looking statements. These
statements reflect management's reasonable judgment with respect to
future events. Forward-looking statements are subject to numerous
risks, uncertainties and assumptions and actual results could
differ materially from those anticipated as a result of various
factors including: uncertainties related to the level of activity
in offshore oil and gas exploration and development; oil and gas
prices; competition and market conditions in the contract drilling
industry; the risks inherent in the construction of a rig; delays
in the commencement of operations of a rig following delivery; our
ability to enter into and the terms of future contracts; possible
cancellation or suspension of drilling contracts; the availability
of qualified personnel; labor relations; operating hazards and
risks; terrorism and political and other uncertainties inherent in
foreign operations (including risk of war, civil disturbances,
seizure or damage to equipment and exchange and currency
fluctuations); the impact of governmental and industry laws and
regulations; and environmental matters. These factors and others
are described and discussed in our most recently filed annual
report on Form 10-K, in our Forms 10-Q for subsequent periods and
in our other filings with the Securities and Exchange Commission
which are available on the SEC's website as www.sec.gov. Each
forward looking statement speaks only as of the date of the
particular statement and we undertake no duty to update the content
of this press release or any forward-looking statement contained
herein to conform the statement to actual results or to reflect
changes in our expectations.
SOURCE Atwood Oceanics, Inc.