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Atwood Hunter Gets Job Offshore Equatorial Guinea

posted by www.equatorialguineaonline.com – July 30th, 2013

Atwood Oceanics, Inc. announced that one of its subsidiaries has been awarded a drilling services contract by Guinea Ecuatorial De Petroleos (GEPetrol) for the Atwood Hunter (deepwater semisub). This contract is for 3 wells with a minimum term of 90 days and includes the provision of an option for 1 additional well with an estimated duration of 30 days. This contract will be performed offshore Equatorial Guinea at a day rate of approximately $515,500.

Contract commencement is expected to occur in October 2013 in direct continuation of present operations. With the award of this contract, the firm contractual commitment for the Atwood Hunter is expected to extend to January 2014.

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