Atwood Oceanics (ATW) 8-K Atwood Oceanics Announce Fourth Quarter Earnings for FY2008

EXHIBIT 99.2

ATWOOD OCEANICS, INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)

		Three Months Ended						Twelve Months Ended
		September 30,						September 30,
		2008			2007			2008			2007
REVENUES:
Contract drilling	$	160,654		$	121,604		$	526,604		$	400,479
Business interruption proceeds		--			--			--			2,558
		160,654			121,604			526,604			403,037
COSTS AND EXPENSES:
Contract drilling		56,396			46,738			216,395			186,949
Depreciation		8,869			8,584			34,783			33,366
General and administrative		7,926			5,938			30,975			23,929
Gain on sale of equipment		59			(73	)		(155	)		(414	)
		73,250			61,187			281,998			243,830
OPERATING INCOME		87,404			60,417			244,606			159,207
OTHER INCOME (EXPENSE)
Interest expense, net of capitalized interest		(264	)		(372	)		(1,410	)		(1,689	)
Interest income		104			1,264			1,579			2,441
		(160	)		892			169			752
INCOME BEFORE INCOME TAXES		87,244			61,309			244,775			159,959
PROVISION FOR INCOME TAXES		12,491			7,160			29,337			20,935
NET INCOME	$	74,753		$	54,149		$	215,438		$	139,024
EARNINGS PER COMMON SHARE:
Basic		1.17			0.85			3.38			2.22
Diluted		1.16			0.84			3.34			2.18
AVERAGE COMMON SHARES OUTSTANDING:
Basic		64,031			63,346			63,756			62,686
Diluted		64,697			64,198			64,556			63,628