Rowan provides contract drilling services utilizing a fleet of 31 self-elevating mobile offshore drilling platforms (jack-up rigs). Our primary focus is on high-specification, premium jack-up rigs, which we use for both exploratory and development drilling. Depending on the particular rig and location, we have the capability of drilling to depths of up to 35,000 feet in water up to 550 feet deep. Rowan will enter the ultra-deepwater market with four high-specification drillships expected to be delivered starting in late 2013.