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    Rowan wins contract for Super Gorilla V

    Contracts, Tenders and Rates // June 1, 2001
    Rowan Companies has announced that an agreement has been reached with PanCanadian Petroleum Limited on a drilling contract for Super Gorilla V.

    The rig will be utilised offshore eastern Canada near Sable Island beginning in late June. The initial commitment, subject to certain conditions and regulatory approvals, is for two wells, which are expected to take about five months and provide around $23 million of total revenues. The contract also provides options to drill two additional wells.

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