Atwood Oceanics nabs drilling services contract for rig

|About: Atwood Oceanics Inc. (ATW)|By:, SA News Editor

Despite news that Atwood Oceanics (ATW +0.4%) found work for its semi-submersible Atwood Hunter for drilling off Equatorial Guinea, offshore drillers aren't enjoying the same boost they received yesterday from fleet updates provided by Ensco (ESV -0.6%) and Diamond Offshore (DO -0.6%).

Cowen analysts view the contract as a positive since it fills a good portion of the gap in ATW’s remaining 2014 availability; should the Hunter option be exercised, the only rig in ATW’s fleet with 2014 availability is the jackup Atwood Mako, which completes a contract in November.

Also today: SDRL -0.4%, RDC -0.1%, HP +0.8%, HERO +0.7%, NADL +1.4%, ORIG +0.4%, PACD -0.1%.