-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MkIbecKs6klTcnh+tFoKSHqbh2BFoFntcr8pkM6z1iL0EzfYI6Ye96gQXJf1s6+N 9vrvuJAlOpNKXRP6esONdQ== 0000008411-99-000002.txt : 19990111 0000008411-99-000002.hdr.sgml : 19990111 ACCESSION NUMBER: 0000008411-99-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990108 ITEM INFORMATION: FILED AS OF DATE: 19990108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATWOOD OCEANICS INC CENTRAL INDEX KEY: 0000008411 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 741611874 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13167 FILM NUMBER: 99502868 BUSINESS ADDRESS: STREET 1: 15835 PARK TEN PL DR STREET 2: SUITE 200 CITY: HOUSTON STATE: TX ZIP: 77084 BUSINESS PHONE: 7134922929 8-K 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 ---------------- Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF EARLIEST EVENT REPORTED: January 4, 1999 ATWOOD OCEANICS, INC. (Exact name of registrant as specified in its charter) COMMISSION FILE NUMBER 0-6352 TEXAS 74-1611874 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 15835 Park Ten Place Drive 77084 Houston, Texas (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: 281-492-2929 ================================================================================ ITEM 5. OTHER EVENTS On January 4, 1999, Atwood Oceanics, Inc announced that it had executed a four-year contract extension, with a further option to extend, for the use of the SEAHAWK (a semisubmersible tender-assist rig). The contract extension provides for approximately $19 million in upgrades to the rig, including a new drilling equipment set, new generators, a new tender SCR system, a new top drive, new drill string and other enhancements. The rig is expected to complete its current drilling program in March/April 1999 and should be undergoing the upgrades during the remainder of calendar 1999. The contract provides that upgrade costs will be reimbursed by the operator and that the company will be paid a reduced dayrate during the upgrade period. Following completion of the upgrades, the four-year contract should produce gross revenues of approximately $65 million. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATWOOD OCEANICS, INC. (Registrant) /s/ James M. Holland James M. Holland Senior Vice President DATE: 8 January 1999 -----END PRIVACY-ENHANCED MESSAGE-----