Atwood Oceanics Rises on Gulf Contract

Atwood Oceanics shares rise on news that the driller had secured a contract with Applied Drilling Technology for one well in the Gulf of Mexico.
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Shares of Atwood Oceanics (ATW) got a lift Monday from news that the driller had secured a contract with Applied Drilling Technology for one well in the Gulf of Mexico.

The roughly 40-day contract calls for a day rate of $52.500 and will begin as soon as the ship, the Richmond, completes its current contract later this month or in May.

Atwood shares were recently rising 1.7% to $21.33.

Diamond Offshore Drilling

(DO) - Get Report

shares were falling 0.2% to $71.27.

Nabors Industries

(NBR) - Get Report

shares were down 1.6% to $12.24.

Transocean

(RIG) - Get Report

shares were up 0.2% to $66.95.