Offshore staff
(North Sea) - Rowan Companies Inc. has entered into a one-year extension of its drilling contract for the RowanGorilla VII in the North Sea.
Gorilla VII is currently working offshore Denmark under a one-year term contract that contained an option for a second year.
By the exercise of the option, the rig's commitment is now extended to August 2007.
The extension will generate additional drilling revenues of approximately $93 million.
02/16/06
