Rowan Issues Clarification on Day Rate for Ultra-Deepwater Drillship Rowan
HOUSTON, June 20, 2013
HOUSTON, June 20, 2013 /PRNewswire/ --Rowan Companies plc ("Rowan" or the
"Company") (NYSE: RDC) reported in a press release issued earlier today that
it entered into a three-year contract with Anadarko Petroleum Corporation for
the Rowan Resolute, one of four new ultra-deepwater drillships being
constructed for Rowan by Hyundai Heavy Industries Co. Ltd.
The Company would like to provide clarification regarding the effective day
rate. The effective day rate in the high $600s as previously reported is
between $606,000 and $609,000, including mobilization revenues.
Rowan Companies plc is a major provider of international and domestic contract
drilling services with a leading position in high-specification jack-up rigs.
The Company's fleet of 30 jack-up rigs is located worldwide, including the
Middle East, the North Sea, Trinidad, Egypt, Southeast Asia and the Gulf of
Mexico. Rowan will enter the ultra-deepwater market with four
high-specification drillships expected to be delivered starting in late 2013.
The Company's Class A Ordinary Shares are traded on the New York Stock
Exchange under the symbol "RDC". For more information on the Company, please
SOURCE Rowan Companies plc
Contact: Suzanne M. Spera, Director, Investor Relations, (713) 960-7517,
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