HOUSTON, Nov. 23 /PRNewswire-FirstCall/ -- ATWOOD OCEANICS, INC. (NYSE: ATW), Houston-based International Drilling Contractor, announced today that the Company earned net income of $48,284,000 or $0.75 per diluted share, on revenues of $131,044,000 for the quarter ended September 30, 2009 compared to net income of $74,753,000 or $1.16 per diluted share, on revenues of $160,654,000 for the quarter ended September 30, 2008. For the twelve months ended September 30, 2009, the Company earned net income of $250,745,000 or $3.89 per diluted share, on revenues of $586,507,000 compared to net income of $215,438,000 or $3.34 per diluted share, on revenues of $526,604,000 for the twelve months ended September 30, 2008. FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2009 2008 -------- -------- Revenues $131,044,000 $160,654,000 Income before Income Taxes 59,438,000 87,244,000 Provision for Income Taxes (11,154,000) (12,491,000) Net Income 48,284,000 74,753,000 Earnings per Common Share - Basic 0.75 1.17 Diluted 0.75 1.16 Weighted Average Shares Outstanding - Basic 64,212,000 64,031,000 Diluted 64,786,000 64,697,000 FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 2009 2008 ------ ------ Revenues $586,507,000 $526,604,000 Income before Income Taxes 296,431,000 244,775,000 Provision for Income Taxes (45,686,000) (29,337,000) Net Income 250,745,000 215,438,000 Earnings per Common Share - Basic 3.91 3.38 Diluted 3.89 3.34 Weighted Average Shares Outstanding - Basic 64,167,000 63,756,000 Diluted 64,493,000 64,556,000 DATASOURCE: Atwood Oceanics, Inc. CONTACT: Jim Holland of Atwood Oceanics, Inc., +1-281-749-7804 Web Site: http://www.atwd.com/

Copyright