Rowan Companies 8-K Financial Statements and Exhibits

Exhibit 99

C & S

America: 83%

US GOM: 76%

Mexico: 100%

West Africa: 96%

North Sea: 100%

Middle East: 97%

SE Asia: 97%

Contracted

Not Contracted

68

 27

3

35

24

1

88

3

33

1

15

22

0

Worldwide Jack-up Supply / Demand

Worldwide Utilization: 91%

0

Indian Ocean: 100%

31

0

Rowan Fleet:

U.S. GOM          9

Middle East      8

North Sea         3

Trinidad            1

Total                21

Med/Black Sea: 94%

15

1

2 jack-ups

2-3 jack-ups

2-5 jack-ups

4-5 jack-ups

2-3 jack-ups

2-3 jack-ups

3-4 jack-ups

1 jack-up

Total average supply deficits range from 18-26 jack-ups

Supply Deficits

Current Regional Dayrates

Middle East: Dayrates in the region range from $90,000 - $195,000 for 300’ and 350’ IC

North Sea: Dayrates in the region range from $185,000 to $240,000 for UK standard jack-ups and $200,000 to $310,000 for UK high-spec jack-ups. In the Norwegian sector, dayrates range from $200,000 - $330,000

U.S. Gulf of Mexico: Dayrates in the regions range from:

                                        250’IC $70,000 - $150,000

                                        300’IC$65,000 - $130,000

                                        350’IC$90,000 - $170,000

                                       >350’IC$125,000 - $225,000

West Africa: Dayrates in the region range from the high $180s for standard 300’ jack-ups on term contract to the $210s for short term contracts. Standard 250’ jack-ups are estimated in the $190s for
short term contracts

Southeast Asia: Dayrates in the region range from $205,000 to $225,000 for newbuild jack-ups and $185,000 - $210,000 for standard 300’IC

India: Current dayrate fixtures in the region range from $75,000 - $185,000 for 300’IC/ 350’IC

Mediterranean: Dayrates in the region range from $160,000 to $170,000 for 300’ IC

Mexico: New dayrate fixtures in the region range from 167,000 - $171,000 for 300’IC and $171,000 - $186,000 for 350’IC

Forestry & Mining

Mining Distribution

Forestry Distribution

Drilling Products Distribution

LeTourneau Technologies, Inc. – Worldwide Operations