The drilling is expected to commence by October 2011, and has an estimated firm duration of 240 days and an option well with an estimated duration of approximately 40 days.

The day rate for work offshore Cameroon will be approximately $126,000 and for work offshore Equatorial Guinea, the day rate will be approximately $134,000.

The firm contractual commitments for the Atwood Aurora are expected to extend till May 2012.