W&T contracts Gorilla IV for GoM work

Rowan Companies has received a letter of intent from W&T Offshore Inc. for the jackup Gorilla IV.

Offshore staff

HOUSTON -- Rowan Companies has received a letter of intent from W&T Offshore Inc. for the jackup Gorilla IV.

The commitment is for two wells covering a minimum term of 150 days, which will begin when the rig is released from its current drilling assignment.

TheGorilla IV is currently drilling for McMoRan on the Blackbeard prospect. The Company estimates that the rig will be available for W&T by early in 1Q 2009.

10/02/2008

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