Atwood Oceanics (ATW) Unit Gets Three-Year Contract Expansion on 'Atwood Osprey"

April 23, 2012 9:18 AM EDT
Atwood Oceanics (NYSE: ATW) reports that one of its subsidiaries has been awarded a three year contract extension by Chevron Australia Pty Ltd, of Chevron (NYSE: CVX)), for the semisubmersible Atwood Osprey.

The Atwood Osprey commenced its initial three year drilling services contract with Chevron on May 27, 2011 for operations offshore Australia inclusive of the Greater Gorgon field development project. With this contract extension, the Atwood Osprey is now committed through May 2017.


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