Drilling Activity, New Drilling Contracts, Rig Status, Stock Price Update, and Financial Results - Analyst Notes on Patterson

Drilling Activity, New Drilling Contracts, Rig Status, Stock Price Update, and
Financial Results - Analyst Notes on Patterson-UTI, Helmerich & Payne, Noble,
                    Diamond Offshore, and Antero Resources

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, March 11, 2014

NEW YORK, March 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Patterson-UTI
Energy Inc. (NASDAQ: PTEN), Helmerich & Payne Inc. (NYSE: HP), Noble Corp.
(NYSE: NE), Diamond Offshore Drilling Inc. (NYSE: DO), and Antero Resources
Corporation (NYSE: AR). Private wealth members receive these notes ahead of
publication. To reserve complementary membership, limited openings are
available at: http://www.AnalystsReview.com/register


Patterson-UTI Energy Inc. Analyst Notes

On March 5, 2014, Patterson-UTI Energy Inc. (Patterson-UTI) declared that it
had an average of 193 drilling rigs operating in the United States and 12 rigs
in Canada in February 2014. According to the Company, for the two-month period
ended February 28, 2014, Patterson-UTI had an average of 191 drilling rigs
operating in the United States and 11 rigs in Canada. The full analyst notes
on Patterson-UTI Energy Inc. are available to download free of charge at:



Helmerich & Payne Inc. Analyst Notes

On March 5, 2014, Helmerich & Payne Inc. (Helmerich & Payne) reported that it
has signed new drilling contracts with YPF Sociedad Anonima (YPF). The Company
informed that it plans to deploy ten existing FlexRigs® from the U.S. to work
in the Vaca Muerta play in the Neuquen Province in Argentina under five-year
term contracts. According to the Company, it expects the first rig to commence
drilling operations in Q4 2014 while the remaining nine rigs are expected to
be sequentially deployed to reach full utilization by the end of Q2 2015.
President of Helmerich & Payne, John Lindsay said, "We are pleased to announce
a growing presence in one of the most promising unconventional plays outside
of the U.S. These contracts allow us the opportunity to continue our efforts
to demonstrate the FlexRig value proposition in key markets around the world.
We believe that our interests are well aligned with those of the customer, and
look forward to working with YPF in the near future." The full analyst notes
on Helmerich & Payne Inc. are available to download free of charge at:



Noble Corp. Analyst Notes

On March 1, 2014, Noble Corp. (Noble) issued a press release, providing an
update on the status of Noble Paul Wolff, a dynamically positioned
semisubmersible rig operating off the coast of Brazil. The Company informed
that the rig is stable and is operating via its own power after a ballast
control incident that happened on Friday, February 28, 2014. According to the
Company, additional crew members are also being selectively returned to the
rig. Noble continues to work with its customer and authorities to completely
settle the matter and safely resume normal operations. The full analyst notes
on Noble Corp. are available to download free of charge at:



Diamond Offshore Drilling Inc. Analyst Notes

On March 6, 2014, Diamond Offshore Drilling Inc.'s (Diamond Offshore Drilling)
stock increased 1.40%, ending the day at $47.96. Over the previous three
trading sessions, shares of Diamond Offshore Drilling increased 2.22%,
compared to the Dow Jones Industrial Average Index which increased 1.57%
during the same period. The full analyst notes on Diamond Offshore Drilling
Inc. are available to download free of charge at:



Antero Resources Corporation Analyst Notes  

On February 26, 2014, Antero Resources Corporation (Antero Resources) reported
its financial results for Q4 2013 and full year 2013. Non-GAAP total operating
revenue increased 104.2% YoY to $480.0 million in Q4 2013, and 78.5% YoY to
$1.3 billion in full year 2013. The Company reported non-GAAP net income of
$73.2 million in Q4 2013, up 111.2% YoY, while full-year 2013 non-GAAP net
income came in at $171.4 million, up 214.8% YoY. Chairman and CEO of Antero
Resources, Paul M. Rady, said, "2013 was a historic year for Antero as we took
the Company public in the largest U.S. independent E&P IPO in history. We also
grew our fully engineered and audited 3P reserves by 62% to 35.0 Tcfe and
average net daily production by 115% to 678 MMcfe/d. All of this was
accomplished with peer group leading 3-year development costs per Mcfe, 2013
average price realizations and EBITDAX margin. Since our IPO in October 2013,
we have continued to set the stage for our high growth business model by
committing to additional firm transportation and processing, hedging prices on
additional natural gas volumes and expanding our liquids-rich acreage position
in the Marcellus and Utica Shales." The full analyst notes on Antero Resources
Corporation are available to download free of charge at:



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