ROWAN COMPANIES: Bid to Overturn Ruling Over Rig Lease Pending

Rowan Companies, Inc. is pursuing an appeal to overturn the summary judgment ruling in the Texas Court of Appeals relating to the charter agreement on the Company’s lease of the Rowan-Halifax offshore rig.

During 2005, Rowan lost four offshore rigs, including…

ROWAN COMPANIES: Has No Updates to Gov’t Probe on Facilities Use

Rowan Companies, Inc., as of Aug. 11, 2008, has received no further requests from various United States government agencies relating to use of the Company’s entertainment facilities and entertainment expenses for a former employee of the Minerals Management Service, U.S.…

ROWAN COMPANIES: To Defend Rights v. Signal Int’l. Over Rig Deal

Rowan Companies, Inc. intends to defend and prosecute its rights under the contract relating to the construction of the Company’s fourth Tarzan Class jack-up rig, the J. P. Bussell, which was originally subcontracted to Signal International LLC.

The rig was scheduled…