LeTourneau Technologies and Lamprell Energy Contract for Newbuild Jack-up Rig Kit

Rowan Companies, Inc. (NYSE:RDC – News) announced today that its wholly-owned subsidiary, LeTourneau Technologies, Inc., has entered into a contract to furnish a kit and license to Lamprell Energy, Ltd. for the construction of a third Super 116E class jack-up rig. The rig will be built at Lamprell’s Jebel Ali facility located in the United Arab Emirates with delivery expected in June 2010.... 

LeTourneau Obtains $74 Million

Rowan Companies, Inc. has recently reported that the company has announced today that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million. Construction is expected to start immediately with delivery of... 

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LeTourneau Obtains $74 Million Contract for New Land Rigs

Rowan Companies, Inc. announced that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million. Construction is expected to start immediately with delivery of the first land rig in the third quarter of 2008,... 

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Western Goldfields Orders Mining Fleet to Proceed With Mesquite Mine Production

Western Goldfields, Inc. announced the Board of Directors has approved capital expenditures for the mining fleet totaling $67.0 million and has issued purchase orders totaling $60.9 million. All currency amounts are in U.S. dollars. The initial mining fleet includes 11 Terex 190-ton haul trucks, two O&K RH340 shovels, a Letourneau 1350 loader, and Caterpillar ancillary equipment. Western Goldfields... 

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