Underwriting AgreementUnderwriting Agreement • October 14th, 2004 • Helmerich & Payne Inc • Drilling oil & gas wells • New York
Atwood Oceanics, Inc., a Texas corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 1,175,000 shares of common stock, par value $1.00 per share (“Stock”) of the Company and Helmerich & Payne International Drilling Co., a stockholder of the Company (the “Selling Stockholder”), proposes, subject to the terms and conditions stated herein, to sell to the Underwriters an aggregate of 1,000,000 shares of Stock. At the election of the Underwriters, up to an aggregate of 325,000 additional shares of Stock may be issued and sold by the Company. The aggregate of 2,175,000 shares to be sold by the Company and the Selling Stockholder is herein called the “Firm Shares” and the aggregate of up to 325,000 additional shares to be sold by the Company is herein called the “Optional Shares.” The Firm Shares and the Optional Shares that the Underwriters elect to purcha
