UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 26, 2010
ROWAN COMPANIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE | 1-5491 | 75-0759420 |
(State or other jurisdiction | (Commission file Number) | (IRS Employer |
of incorporation) | Identification No.) |
2800 POST OAK BOULEVARD | |
SUITE 5450 | |
HOUSTON, TEXAS | 77056 |
(Address of principal executive offices) | (zip code) |
(713) 621-7800
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
Item 7.01. Regulation FD Disclosure
The following information is furnished pursuant to Item 7.01:
The Offshore and Land Rig Fleet and Contract Status Reports for Rowan Companies, Inc., each as of July 26, 2010, is attached as Exhibit 99.1 and 99.2.
Item 8.01. Other Events
Following the Deepwater Horizon incident, the Bureau of Ocean Energy Management, Regulation and Enforcement (formerly known as the Minerals Management Service) issued two Notices to Lessees (NTLs) implementing new safety regulations and information requirements applicable to shallow water drilling operations in the U.S. Gulf of Mexico. These NTLs impact the ability of our customers to obtain new permits on a timely basis and continue operations uninterrupted under existing permits. We are working with our customers to meet these requirements.
As set forth in the Company's Offshore Fleet Status filed as an exhibit to this Current Report on Form 8-K, the Company currently has nine jack-up drilling rigs that are located in the U.S. Gulf of Mexico which may be impacted by the requirements of these recent NTLs from time to time.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Exhibit | ||
Number | Exhibit Description | |
99.1 | Offshore Rig Fleet and Contract Status at July 26, 2010 | |
99.2 | Land Rig Fleet and Contract Status at July 26, 2010 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ROWAN COMPANIES, INC. | ||
By: | /s/ William H. Wells | |
William H. Wells | ||
Senior Vice President, CFO and Treasurer | ||
(Principal Financial Officer) |
Dated: July 26, 2010
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EXHIBIT INDEX
EXHIBIT DESCRIPTION
Exhibit | ||
Number | Exhibit Description | |
99.1 | Offshore Rig Fleet and Contract Status at July 26, 2010 | |
99.2 | Land Rig Fleet and Contract Status at July 26, 2010 |
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