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RDC News and Press, Rowan Companies plc Class A From 01/14/19

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Company Name: Rowan Companies plc Class A
Stock Symbol: RDC
Market: NYSE

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RDC - Rowan receives new exchange rate proposal from Ensco

Rowan Cos. (NYSE: RDC ) says Ensco (NYSE: ESV ) has made a proposal to increase the exchange ratio for its all-stock merger. More news on: Rowan Companies plc, Ensco PLC, Energy stocks news, Merger & acquisition news, Read more ...

RDC - Rowan Companies plc Confirms Receipt of Exchange Rate Proposal from Ensco plc

HOUSTON , Jan. 14, 2019 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) today confirmed receipt of a proposal from Ensco plc (NYSE: ESV) ("Ensco") to increase the exchange ratio for the previously announced all-stock transaction in which Rowan would combine with...

RDC - Canyon Partners Issues Statement Regarding ISS' Recommendation that Rowan Shareholders Vote Against Merger with Ensco plc

LOS ANGELES , Jan. 14, 2019 /PRNewswire/ --   Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon"), the investment advisor to funds and accounts that hold over 8 million shares, or approximately 6.3%, of the outstanding ordinary shares of Rowan Compani...

RDC - Rowan wins rig contract for work off Norway

Rowan ( RDC +0.5% ) says ConocoPhillips awarded a contract for its its ultra-harsh environment jack-up rig Rowan Norway for work off Norway lasting at least seven months beginning in Q2. More news on: Rowan Companies plc, Energy stocks news, Read more ...

RDC - Rowan Announces Contract with ConocoPhillips for the Rowan Norway

HOUSTON , Jan. 10, 2019 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS ("COPSAS") for an estimat...

RDC - Looking At Recent Contract News From Transocean, Ensco And Rowan

Major offshore drillers have recently announced material developments on the contract front. Transocean ( RIG ) scored a major contract with Chevron ( CVX ), Ensco ( ESV ) published fleet status report , and Rowan ( RDC ) announced contract extension for jack-up Rowan Gorilla IV. Let's go...

RDC - Rowan shareholder Canyon Capital to vote against Ensco deal

Rowan ( RDC +7.2% ) shareholder Canyon Capital says it plans to vote against the company's proposed merger with Ensco ( ESV +6.3% ), saying the all-stock deal undervalues RDC and exposes the company's shareholders to operational and financial risks. More news on: Rowan Companies pl...

RDC - Ensco: January 2019 Fleet Status And Backlog Analysis

Source: MarineTraffic Picture: Ensco DS-10 Introduction Ensco PLC ( ESV ) is one of our long-term investments in the offshore drilling sector with Transocean ( RIG ). The most significant difference between Transocean and Ensco is that the latter owns a well-diversified fleet with an empha...

RDC - Canyon Partners Sends Letter to Rowan Companies plc Board of Directors

LOS ANGELES , Jan. 7, 2019 /PRNewswire/ -- Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon") is the investment advisor to funds and accounts that hold over 8 million shares, or approximately 6.3%, of the outstanding ordinary shares of Rowan Companies plc...

RDC - Rowan Announces Contract Extension for the Gorilla VI

HOUSTON , Jan. 2, 2019 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced that the Rowan Gorilla VI (a Super Gorilla class jack-up) has been extended by Shell in Trinidad.  The rig will continue its current drilling program until approximately March ...

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