A NEW CONTRACT FOR ATWOOD AURORA OFF CAMEROON

July 10, 2012

Houston based Atwood Oceanics has been awarded a drilling services contract by GLENCORE EXPLORATION CAMEROON LTD for the jack-up rig Atwood Aurora. The contract is for 3 wells. Contract commencement is expected in February 2013 in direct continuation of the two well contract with Bowleven PLC.   With the award of this contract, the firm contractual commitment for the Atwood Aurora is expected to extend to August 2013. Atwood Aurora is a Le Tourneau 116 E, 350’ Jack up built at Keppel AmFels, Brownsville shipyard, Texas. The rig was delivered in 2008.