February 12, 2008 / 2:28 PM / 9 years ago

Rowan signs multi-well deal with McMoran Oil

1 IN. DI LETTURA

Feb 12 (Reuters) - Rowan Cos Inc (RDC.N) said it has entered into a multi-well deal with McMoRan Oil & Gas Corp LLC MMR.N, that includes re-entering the Blackbeard Prospect in the Gulf of Mexico. The oil rig contractor said its Gorilla IV jack-up rig is committed for a minimum of 90 days for work on the Blackbeard Prospect, with its day rate priced in the mid $190s. (Reporting by Sreerupa Mitra in Bangalore; Editing by Deepak Kannan)

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