Rowan narrows loss in second quarter on stronger Gulf rig use
Ray Tyson Petroleum News Houston correspondent
Rowan, first of the major contract drillers to report 2004 second-quarter earnings, narrowed its expected loss on stronger rig utilization in the Gulf of Mexico and landed a major contract on the Gulf’s continental shelf for one of the company’s specialized “ultra-deep” drilling rigs.
Rowan’s rig u....
[additional news subjects in this story]
Second-quarter loss of 2 cents per share Company has done much of ultra-deep shelf Gulf drilling
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