Atwood Oceanics Lands Drilling Contract (ATW)

Offshore drilling contractor Atwood Oceanics (NYSE: ATW) said it it received a contract from Helis Oil & Gas Co. to provide drilling at a well in the Gulf of Mexico at a daily rate of $33,500.

The contract is expected to last 60-80 days. Texas-based Atwood Oceanics said it is pursuing other one-well drilling opportunities after the completion of the contract in early to mid February.