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Re: Golden Cross post# 19

Sunday, 02/03/2008 10:19:12 PM

Sunday, February 03, 2008 10:19:12 PM

Post# of 230
This one is looking terrific!

Notice the reference to CANARGO ENERGY!

Good thing is, this came out on Fridar Febuary 1st.



Rowan Gets $56 Million Drilling Contract
AP
Posted: 2008-01-08 17:04:56
HOUSTON (AP) - Rowan Companies Inc. said Tuesday it signed a six-month drilling contract worth $56 million for work offshore eastern Canada beginning in mid-2009.

The contract oil driller did not disclose its partner in the deal. It has committed one of its "Gorilla" rigs for the job.

Chief Executive Danny McNease said recent contracts "enhance our future earnings visibility" and that Rowan's fleet is benefitting from strong demand for high-specification drilling equipment. The company recently reported $110 million worth of drilling contracts for its "Super Gorilla" rigs with CanArgo Energy Corp. and BG Group PLC.

Rowan shares rose 28 cents to $39.26 in morning trading.

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