|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: ATWOOD OCEANICS INC, 8-K, EX-99.3, 2000-11-21 |
Next: AMERICAN LOCKER GROUP INC, SC 13D, 2000-11-21 |
EXHIBIT 99.4
ATWOOD OCEANICS, INC. AND SUBSIDIARIES
CONTRACT STATUS SUMMARY
AT NOVEMBER 21, 2000
NAME OF RIG LOCATION CONTRACT STATUS
ATWOOD FALCON Malaysia Rig is under long-term contract
which terminates in November 2001.
Upon completion of current well
in Malaysia, the rig will be
relocated to the Philippines to
recommence drilling program
for Shell Philippines.
ATWOOD HUNTER United States Following completion of its
Gulf of Mexico contractual commitments (estimated
January 2001), an additional
upgrade is planned for the rig
costing between $40 and
$45 million, and taking four to
five months to complete.
ATWOOD EAGLE Mediterranean Rig is contractually committed into
Sea the second half of fiscal 2001.
An approximate $80 million upgrade
of the rig is planned immediately
upon the rig completing its current
contractual commitments (estimated
June to August 2001), and taking
five to six months to complete.
VICKSBURG India Rig is under term contract which
expires at the completion of the
well in progress at the end of
December 2000. The rig is being
marketed in India, Southeast Asia
and West Africa with an increased
dayrate for work following
completion of its current contract.
SEAHAWK Malaysia Rig is under long-term contract
which terminates in fiscal 2003,
with an option of the Operator
to extend.
ATWOOD SOUTHERN CROSS Mediterranean Rig is contractually committed in
Sea Israel into the second quarter of
fiscal 2001, with outstanding
letters of intent which, if
consummated by contract, could keep
the rig employed into fiscal 2002.
RICHMOND United States Rig is contractually committed in
Gulf of Mexico the United States Gulf of Mexico
into the second quarter of fiscal
2001.
RIG-19 Australia Rig is available for contract since
it became idle in September 1999.
RIG-200 Australia Rig is available for contract since
it became idle in June 1999.
<PAGE>
|
|