HOUSTON, Nov. 25 /PRNewswire-FirstCall/ -- Rowan Companies, Inc. ("Rowan" or the "Company") (NYSE: RDC) announced that on November 17, 2009, the Rowan Gorilla VI, its Super Gorilla class jack-up, received an Acknowledgement of Compliance ("AoC") from the Petroleum Safety Authority of Norway ("PSA"), enabling the rig to commence operations in the Norwegian Sector of the North Sea.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081031/DA43093LOGO)

Matt Ralls, President and Chief Executive Officer, commented, "Rowan is very pleased to have met the rigorous conditions of the Norwegian authorities to drill on the Norwegian continental shelf, one of the most demanding drilling environments in the world. Currently, Rowan is one of only three of the world's major contractors with an AoC authorized jack-up. We look forward to demonstrating the capabilities of Rowan crews and our high specification Super Gorilla class of jack-up rigs in Norway and validating the confidence in Rowan that this certification represents."

Rowan Companies, Inc. is a worldwide provider of contract drilling services utilizing a fleet of 22 high-spec offshore jack-up rigs and 32 deep-well land drilling rigs. The Company also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries. For more information on Rowan, please visit www.rowancompanies.com.

This report contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expectations, beliefs and future expected financial performance of the Company that are based on current expectations and are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected by the Company. Among the factors that could cause actual results to differ materially include oil and natural gas prices, the level of offshore expenditures by energy companies, energy demand, the general economy, including inflation, weather conditions in the Company's principal operating areas and environmental and other laws and regulations. Other relevant factors have been disclosed in the Company's filings with the U.S. Securities and Exchange Commission.

SOURCE Rowan Companies, Inc.

Back to top

RELATED LINKS
http://www.rowancompanies.com