Rowan Companies plc announced that its monthly report of drilling rig status and contract information has been updated as of August 15, 2013.

Notable events in the current report include:

Rowan Reliance: Entered into a three-year contract with Cobalt International Energy, L.P. at an effective day rate of$602,000, including mobilization revenues. The drillship is expected to be delivered at the end of October 2014 and operate in the U.S. Gulf of Mexico starting in late January 2015. The Rowan Reliance is one of four ultra-deepwater drillships being constructed for Rowan by Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan, South Korea.

With the award of this contract for the Rowan Reliance, three of the Company's four ultra-deepwater drillships under construction at HHI are now under contract. The fourth remaining uncontracted drillship, the Rowan Relentless, is scheduled to be delivered from the shipyard at the end of March 2015.

EXL III: Awarded a contract to drill a relief well for Walter Oil and Gas estimated at 45 days in the Gulf of Mexico at$160,000 per day (no change from previous day rate).

Tags: Rowan Companies