Atwood's Richmond to Drill 1 Well in U.S. GOM

Houston-based Atwood Oceanics announced that the Richmond semisub has been awarded a contract by Applied Drilling Technology Inc. to drill one well in the U.S. Gulf of Mexico, at a dayrate of $32,500. The drilling of this well is estimated to take 30 to 40 days to complete.

Additional contract opportunities following the completion of the drilling of this one-well commitment at the end of November or early December 2009 are currently being pursued.