-----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, W0KdxETtDIFvZbIQyyEYdTDD5pM5mVCw6e0lgr9EkAECZ9gxB/oEBdDzxJYLtoXi a94kdf8P/J/pIOQd0Bk/Ew== 0000008411-01-000002.txt : 20010122 0000008411-01-000002.hdr.sgml : 20010122 ACCESSION NUMBER: 0000008411-01-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010104 ITEM INFORMATION: FILED AS OF DATE: 20010104 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: 1501671 BUSINESS ADDRESS: STREET 1: 15835 PARK TEN PL DR STREET 2: SUITE 200 CITY: HOUSTON STATE: TX ZIP: 77084 BUSINESS PHONE: 2817497845 MAIL ADDRESS: STREET 1: 15835 PARK TEN PL DR STREET 2: SUITE 200 CITY: HOUSTON STATE: TX ZIP: 77084 8-K 1 0001.txt ================================================================================ 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, 2001 ATWOOD OCEANICS, INC. (Exact name of registrant as specified in its charter) COMMISSION FILE NUMBER 1-13167 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: 281-749-7800 ================================================================================ ITEM 7. EXHIBITS EXHIBIT 99.1CONTRACT STATUS SUMMARY AT JANUARY 4, 2001 ITEM 9. REGULATION FD DISCLOSURE On January 2, 2001, Dominion Exploration & Production Inc. awarded the ATWOOD HUNTER a one-well drilling contract in the United States Gulf of Mexico. The ATWOOD HUNTER should complete its current contractual commitments with British-Borneo Petroleum, Inc./AGIP toward the end of January 2001 and then commence drilling this one well commitment, which is estimated to take approximately 45-days to complete, with a dayrate of $54,000. Upon completion of this additional one-well commitment, the rig will be moved to a shipyard in the United States to commence its upgrade estimated to cost between $40 and $45 million and taking approximately four to five months to complete. This additional drilling commitment should enable the Company to be more efficient in managing the upgrade project around expected equipment delivery dates. The RICHMOND, which in October 2000 completed its upgrade with a (patent pending) suction pile system to enhance its unique characteristics for shallow water operations in the Gulf of Mexico, currently has commitments to drill one-well for Applied Drilling Technology Inc. and three wells for Texaco Exploration and Production Inc. at dayrates ranging from $29,000 to $32,000. The RICHMOND has a long record as an attractive, highly utilized unit. The rig's current contract commitments should keep it employed through May 2001. Additional information with respect to the Company's contract status summary at January 4, 2001 is attached hereto as Exhibit 99.1, which is being furnished in accordance with Rule 101(e)(1) under Regulation FD and should not be deemed to be filed. Statements contained in this report with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors; the Company's dependence on the oil and gas industry; the risks involved in upgrade to the Company's rigs; competition; operating risks; risks involved in foreign operations; and governmental regulations and environmental matters. A list of additional risk factors can be found in the Company' annual report on Form 10-K for the year ended September 30, 2000, filed with the Securities and Exchange Commission. 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: January 4, 2001 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 Contract Status Summary at January 4, 2001 EX-99.1 2 0002.txt EXHIBIT 99.1 ATWOOD OCEANICS, INC. AND SUBSIDIARIES CONTRACT STATUS SUMMARY AT JANUARY 4, 2001 - --------------------------------------------------------------------------------------------------------------------------- NAME OF RIG LOCATION CUSTOMER CONTRACT STATUS - ----------- -------- -------- --------------- SEMISUBMERSIBLES - - ------------------- ATWOOD FALCON PHILIPPINES SHELL PHILIPPINES The rig's current contract terminates in November 2001. EXPLORATION B.V. The rig recommenced drilling for Shell Philippines after completing a short drilling program in Malaysia. ATWOOD HUNTER UNITED BRITISH-BORNEO Following completion of its current contractual commitments STATES GULF PETROLEUM (estimated January 2001), the rig will drill one-well for OF MEXICO INC./AGIP DOMINION EXPLORATION & PRODUCTION INC. Upon completing this well (estimated March 2001), the rig will be moved to a shipyard in the United States to commence an additional upgrade estimated to cost between $40 to $45 million, and taking approximately four to five months to complete. ATWOOD EAGLE MEDITERRANEAN SEA SAMEDAN, The rig is contractually committed into the second half of MEDITERRANEAN fiscal 2001. An approximate $80 million upgrade of the rig SEA, INC. is planned immediately upon the rig completing its current contractual commitments (estimated June to October 2001), and taking five to six months to complete. SEAHAWK MALAYSIA ESSO The rig's current contract terminates in November 2003, PRODUCTION with an option for the Operator to extend. MALAYSIA INC. ATWOOD SOUTHERN CROSS MEDITERRANEAN SEA GERMAN OIL & GAS EGYPT The rig is contractually committed in Egypt and Turkey into August 2001, and depending upon options exercised, could have work extending into fiscal 2002. SEASCOUT UNITED STATES NONE The SEASCOUT (ex-OCEAN SCOUT) was purchased in December GULF OF MEXICO 2000 for future conversion to a tender-assist unit, similar to the SEAHAWK, once an acceptable contract opportunity is secured. CANTILEVER JACK-UP - - -------------------- VICKSBURG INDIA ENRON OIL & GAS LTD. The rig's current contract expires at the completion of the well in progress at the end of December 2000 (estimated for early February 2001). The rig is being marketed in India, Southeast Asia and West Africa. SUBMERSIBLE - - ------------- RICHMOND UNITED STATES APPLIED DRILLING The rig is contractually committed to drill one-well with GULF OF MEXICO TECHNOLOGY INC. Applied Drilling Technology Inc. and three-wells with Texaco Exploration and Production Inc., which should keep the rig employed through May 2001. MODULAR PLATFORMS - - -------------------- RIG-19 AUSTRALIA None The rig is available for contract since it became idle in September 1999. RIG-200 AUSTRALIA None The rig is available for contract since it became idle in June 1999. MANAGEMENT/LABOR CONTRACTS -------------------------- GOODWYN 'A'/NORTH RANKIN 'A AUSTRALIA WOODSIDE ENERGY LTD. Term contract for management of drilling program.
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