Atwood Oceanics (ATW) 8-K Results of Operations and Financial Condition

EXHIBIT 99.4

ATWOOD OCEANICS, INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

	September 30,		September 30,
	2010		2009
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	180,523	$	100,259
Accounts receivable		96,463		124,053
Insurance receivable		-		2,518
Income tax receivable		16,052		8,306
Inventories of materials and supplies, net		52,749		50,136
Deferred tax assets		-		35
Prepaid expenses and deferred costs		14,207		19,297
Total Current Assets		359,994		304,604
NET PROPERTY AND EQUIPMENT		1,343,961		1,184,300
LONG TERM ASSETS:
Other Receivables		15,799		14,331
Deferred costs and other assets		4,686		6,167
		20,485		20,498
	$	1,724,440	$	1,509,402
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable	$	37,192	$	19,066
Accrued liabilities		25,368		28,960
Income tax payable		26,367		29,067
Deferred credits		4,533		35,825
Total Current Liabilities		93,460		112,918
LONG-TERM DEBT		230,000		275,000
LONG TERM LIABILITIES:
Deferred income taxes		10,845		6,082
Deferred credits		2,919		2,921
Other		17,082		10,188
		30,846		19,191
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Preferred stock, no par value;
1,000 shares authorized,  none outstanding		-		-
Common stock, $1 par value, 90,000 shares
authorized with 64,443 and 64,236 issued
and outstanding at September 30, 2010
and September 30, 2009, respectively		64,443		64,236
Paid-in capital		133,095		122,457
Retained earnings		1,172,596		915,600
Total Shareholders' Equity		1,370,134		1,102,293
	$	1,724,440	$	1,509,402