FOR IMMEDIATE RELEASE

HOUSTON, June 5, 2013 -- Atwood Oceanics, Inc.  (NYSE: ATW) announced today that
one  of its subsidiaries has  been awarded a drilling  services contract for the
Atwood  Beacon by  Eni S.p.A.   The Atwood  Beacon is currently working offshore
Israel  under a contract  which is expected  to conclude by  July 2013.  The rig
will  then mobilize to  Italy in direct  continuation of this  contract and will
incur certain costs related to compliance with local laws and regulations.

The  new contract has a firm duration period of two years plus one optional year
period,  exercisable with one  year notice from  the expiry of  the firm period.
This contract adds $128 million in revenue backlog.

Atwood  Oceanics, Inc. is  a global offshore  drilling contractor engaged in the
drilling and completion of exploratory and developmental oil and gas wells.  The
company  currently owns  13 mobile offshore  drilling units  and is constructing
three  ultra-deepwater  drillships.  The  company  was  founded  in  1968 and is
headquartered  in Houston, Texas.  Atwood Oceanics,  Inc. common stock is traded
on the New York Stock Exchange under the symbol "ATW."

                                                            Contact: Mark L. Mey
                                                                  (281) 749-7902
                                                      Forward Looking Statements

Statements contained in this press release with respect to the future, including
the   expected   contract  conclusion,  are  forward-looking  statements.  These
statements  reflect  management's  reasonable  judgment  with  respect to future
events.  Forward-looking statements are subject to numerous risks, uncertainties
and   assumptions   and  actual  results  could  differ  materially  from  those
anticipated  as a result of various  factors including: uncertainties related to
the  level of activity in offshore oil  and gas exploration and development; oil
and  gas  prices;  competition  and  market  conditions in the contract drilling
industry;  the  risks  inherent  in  the  construction  of  a rig; delays in the
commencement  of operations  of a  rig following  delivery; our ability to enter
into  and the terms  of future contracts;  possible cancelation or suspension of
drilling  contracts; the  availability of  qualified personnel; labor relations;
operating  hazards and  risks; terrorism  and political  and other uncertainties
inherent  in  foreign  operations  (including  risk  of  war,  civil  impact  of
governmental and industry laws and regulations; and environmental matters. These
factors and others are described and discussed in our most recently filed annual
report  on Form 10-K, in our Forms 10-Q  for subsequent periods and in our other
filings  with the Securities and Exchange  Commission which are available on the
SEC's  website at www.sec.gov. Each forward  looking statement speaks only as of
the  date of  the particular  statement and  we undertake  no duty to update the
content  of this  press release  or any  forward looking statement disturbances,
seizure  or damage  to equipment  and exchange  and currency  fluctuations); the
contained  herein  to  conform  the  statement  to  actual results or to reflect
changes in our expectations.



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Source: Atwood Oceanics, Inc. via Thomson Reuters ONE
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