| Business Summary | | Atwood
Oceanics,
Inc.
is
engaged
in
contract
drilling
of
exploratory
and
development
oil
and
gas
wells
in
offshore
areas
and
related
support,
management
and
consulting
services.
The
Company
currently
owns
three
third-generation
semisubmersibles,
one
second-generation
semisubmersible,
one
jack-up,
one
second-generation
semisubmersible
tender
assist
vessel,
one
second-generation
semisubmersible
unit
purchased
for
future
conversion
to
a
tender
assist
vessel,
one
submersible,
and
one
modular,
self-contained
platform
rig,
as
well
as
a
50%
interest
in
a
new
generation
self-contained
platform
rig.
Each
type
of
drilling
rig
is
designed
for
different
purposes
and
applications,
for
operations
in
different
water
depths,
bottom
conditions,
environments
and
geographical
areas,
and
for
different
drilling
and
operating
requirements.
The
Company
also
provides
labor,
supervisory
and
consulting
services
to
two
operator
owned
self-contained
platform
rigs
in
Australia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Atwood
Oceanics,
Inc.
is
engaged
in
contract
drilling
of
exploratory
and
development
oil
and
gas
wells
in
offshore
areas,
and
provides
related
support,
management,
and
consulting
services.
For
the
nine
months
ended
6/30/01,
revenues
rose
15%
to
$111.6
million.
Net
income
rose
20%
to
$19.6
million.
Results
reflect
increased
contract
revenues
of
Atwood
Southern
Cross
and
Seahawk
and
higher
dayrates
being
realized
in
the
United
States
Gulf
of
Mexico
for
Richmond. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| John Irwin, 55 Pres,
CEO | $425K | $2.5M | James Holland, 55 Sr.
VP and Sec. | 236K | 888K | Glen Kelley, 52 VP
- Contracts and Admin. | 208K | 211K | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|