Third Rowan rig ahead of schedule

The jackup was christened "Rowan EXL-III" and is scheduled to depart Keppel AmFELS' yard in January 2011 to commence operations on an ultra deep gas well for McMoRan Exploration Company in the Gulf of Mexico.

The ABS-classed EXL jackup design is an enhancement of the LeTourneau Super 116E model. With leg lengths of 145 m, "Rowan EXL-III" employs state-of-the-art technology to drill high-pressure, high-temperature and extended-reach wells worldwide. It is capable of operating in water depths of 106 m or more, and drilling to a depth of 12190 m.

Meanwhile, Keppel AmFELS is progressing smoothly with the construction of Rowan's fourth jackup rig, which is on track for delivery 1Q 2012.

Keppel AmFELS Inc.,Brownsville, Texas, a wholly-owned US subsidiary of Keppel Offshore & Marine Ltd, has delivered the third of four EXL jackup rigs to a subsidiary of Rowan Companies, Inc., Houston, ahead of schedule and within budget.

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