Atwood Oceanics Subsidiary Awarded Two-Year Contract Extension for Atwood Manta


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


FOR IMMEDIATE RELEASE HOUSTON, August 29, 2013 -- Atwood Oceanics, Inc. (NYSE: ATW), announced today that one of its subsidiaries has been awarded a two year contract extension by CEC International, Ltd. for the jack-up Atwood Manta. The extension is priced at a day rate of $159,500 in Thailand and begins December 2, 2013.  The operating rate for additional geographic locations will be adjusted to account for differences in taxes and operating costs.  With the extension, the Atwood Manta's firm commitment extends through December 2, 2015. Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The Company currently owns thirteen mobile offshore drilling units and is constructing four ultra-deepwater drillships. The Company was founded in 1968 and is headquartered in Houston, Texas.  Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol "ATW." Contact: Mark L. Mey(281) 749-7902 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.The owner of this announcement warrants that:(i) the releases contained herein are protected by copyright and other

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See full press release

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsGuidanceFinancingContractsManagementGlobal