ATWOOD OCEANICS Announces Earnings for Third Quarter Fiscal Year 2011

ATWOOD OCEANICS, INC., a Houston-based international drilling contractor , announced today that the Company earned net income of $75,285,000 or $1.15 per diluted share, on revenues of $162,147,000 for the quarter ended June 30, 2011 compared to net income of $70,611,000 or $1.08 per diluted share on revenues of $159,085,000 for the quarter ended March 31, 2011 and compared to net income of $58,994,000 or $0.91 per diluted share, on revenues of $166,637,000 for the quarter ended June 30, 2010.  For the nine months ended June 30, 2011, the Company earned net income of $198,747,000 or $3.04 per diluted share, on revenues of $467,518,000 compared to net income of $192,733,000 or $2.96 per diluted share, on revenues of $489,949,000 for the nine months ended June 30, 2010.

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