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Article: ATWOOD OCEANICS Announces Drilling Program for ATWOOD BEACON.
- Article from:
- PR Newswire
- Article date:
- September 30, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON, Sept. 30 /PRNewswire-FirstCall/ -- ATWOOD OCEANICS, INC., a Houston-based International Drilling Contractor, announced that the ATWOOD BEACON (owned and operated by our wholly-owned subsidiary, Atwood Oceanics Pacific Limited) has been awarded a contract by Hess Equatorial Guinea, Inc. to drill offshore Equatorial Guinea under a firm program of six (6) wells (estimated to take 240 days to complete) with options to extend the program to drill up to six additional wells. If all options are exercised, the drilling program could be extended for another 240 days.
The contract provides for an operating dayrate for all firm and option wells of $110,000 plus a ...
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