ESV - Rowan: October Fleet Status Report Analysis

October, 19 2018 12:42 PM Ensco plc Class A

Rowan EXL II

Rowan (RDC) has recently published its fleet status report, which is especially interesting in light of the upcoming merger with Ensco (ESV). Without further ado, let's look at the indicated changes in the company's fleet status.

Drillship Rowan Resolute will work until December 2018 as LLOG has exercised one of the two priced options for the rig. Rowan indicated that the second option will come at a higher rate.
As previously reported, jack-up Rowan Norway will work for Turkish Petroleum in Turkey from mid-November 2018 to

Company Name:	Ensco plc Class A
Stock Symbol:	ESV
Market:	NYSE

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