EX-99 2 ex99_1xjul20191.htm EXHIBIT 99

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

| New Contracts and Extensions Floaters • Rowan Relentless awarded a one-well contract with EnVen Energy in the U.S. Gulf of Mexico that is expected to commence in October 2019 • ENSCO DS-12 contract with BP offshore Senegal extended by one well, with an estimated duration of 60 days • ENSCO DPS-1 contract with Woodside offshore Australia extended by one well with an estimated duration of 15 days Jackups • ENSCO 120 contract with ConocoPhillips in the North Sea extended by two years • ENSCO 122 awarded a two-well contract with Shell in the North Sea that is expected to commence in January 2020 • Rowan Gorilla V contract with Total in the North Sea extended by six months • ENSCO 72 awarded a 40-well P&A contract with Eni in the North Sea that is expected to commence in November 2019 • ENSCO 101 awarded a one-well contract with Eni in the North Sea that is expected to commence in September 2019 • ENSCO 109 contract with Chevron offshore Angola extended by two years • ENSCO 107 awarded a five-month contract with Chevron offshore Australia that is expected to commence in September 2019 • ENSCO 104 contract with ADNOC offshore UAE extended by seven months • ENSCO 96 contract with Saudi Aramco offshore Saudi Arabia extended by three months • ENSCO 102 awarded a one-well contract with W&T Offshore in the U.S. Gulf of Mexico that is expected to commence in August 2019 • ENSCO 102 awarded a one-well contract with GulfSlope Energy in the U.S. Gulf of Mexico that is expected to commence in October 2019 • Joe Douglas contract with BP offshore Trinidad extended by one-well, with an estimated duration of 100 days • Rowan EXL II contract with BP offshore Trinidad extended by one-well, with an estimated duration of 45 days Other • ENSCO 102 contracts with W&T Offshore and GulfSlope Energy, noted above, partially replace a previously disclosed contract with Fieldwood • Rowan Gorilla IV sold

Page 1 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Asset Type / Status / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Drillships |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketed |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rowan Relentless (DS-18) |  | GustoMSC P10000 |  | 2015 |  | ExxonMobil EnVen |  | U.S. GOM U.S. GOM |  | Sep. 18 Oct. 19 |  | Oct. 19 Nov. 19 |  | ----- Contracted for one well. Plus two 1-well options
Rowan Reliance (DS-17) |  | GustoMSC P10000 |  | 2014 |  | Available |  | U.S. GOM |  |  |  |  |  | Rig to be mobilized to Spain where it will be available for hire
Rowan Resolute (DS-16) |  | GustoMSC P10000 |  | 2014 |  | Fieldwood |  | U.S. GOM |  | Mar. 19 |  | Mar. 20 |  | Contracted for one year. Plus three 90-day unpriced options
Rowan Renaissance (DS-15) |  | GustoMSC P10000 |  | 2014 |  | Total Petronas |  | Mexico Mexico |  | Jan. 19 Jun. 19 |  | May 19 Sep. 19 |  | Contracted for one well
ENSCO DS-12 |  | DSME 12000 |  | 2014 |  | BP |  | Senegal |  | Apr. 19 |  | Sep. 19 |  | Contracted for three wells. Plus three 1-well options
ENSCO DS-11 |  | DSME 12000 |  | 2013 |  | Available |  | Spain |  |  |  |  |  |
ENSCO DS-10 |  | Samsung GF12000 |  | 2017 |  | Shell |  | Nigeria |  | Mar. 18 |  | Mar. 20 |  | Plus four 1-year priced options
ENSCO DS-9 |  | Samsung GF12000 |  | 2015 |  | Total |  | Brazil |  | Jun. 19 |  | May 20 |  | Contracted for four wells. Plus two 1-well options
ENSCO DS-8 |  | Samsung GF12000 |  | 2015 |  | Total |  | Angola |  | Nov. 15 |  | Nov. 20 |  | Day rate of approx. $620,000, plus approx. $14,000 p/d amortized through Nov. 20 for mobilization. Plus one 14-month priced option
ENSCO DS-7 |  | Samsung 96K |  | 2013 |  | Burullus |  | Egypt |  | Apr. 19 |  | Oct. 19 |  | Contracted for 180 days. Plus eight 1-well options
ENSCO DS-6 |  | Samsung 96K |  | 2012 |  | Available |  | Spain |  |  |  |  |  |
ENSCO DS-4 |  | Samsung 96K |  | 2010 |  | Chevron |  | Nigeria |  | Aug. 17 |  | Jul. 19 |  | Rig to be mobilized to Spain where it will be available for hire
Under Construction |  |  |  |  |  |  |  |  |  |  |  |  |  |
ENSCO DS-13 |  | DSME 12000 |  |  |  | Under Construction |  | South Korea |  |  |  |  |  | Scheduled delivery date 3Q19
ENSCO DS-14 |  | DSME 12000 |  |  |  | Under Construction |  | South Korea |  |  |  |  |  | Scheduled delivery date 2Q20
Preservation Stacked |  |  |  |  |  |  |  |  |  |  |  |
ENSCO DS-5 |  | Samsung 96K |  | 2011 |  | Preservation Stacked(2) |  | Spain |  |  |  |  |  |
ENSCO DS-3 |  | Samsung 96K |  | 2010 |  | Preservation Stacked(2) |  | Spain |  |  |  |  |  |

Page 2 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Asset Type / Status / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Semisubmersibles |  |  |  |  |  |  |  |  |  |  |  |
Marketed |  |  |  |  |  |  |  |  |  |
ENSCO DPS-1 |  | F&G ExD Millennium, DP |  | 2012 |  | Woodside Woodside |  | Australia Australia |  | Feb. 18 Feb. 20 |  | Jul. 19 Jun. 20 |  | Contracted for 12 wells Contracted for three wells. Plus one 7-well option
ENSCO 8505 |  | ENSCO 8500 Series, DP + Moored |  | 2012 |  | Eni |  | U.S. GOM |  | Jan. 19 |  | Feb. 20 |  | Contracted for six wells in the U.S. GOM and for two wells in Mexico
ENSCO 8504 |  | ENSCO 8500 Series, DP + Moored |  | 2011 |  | JAPEX Demobilizing |  | Japan ----- |  | Apr. 19 |  | Jul. 19 |  | Rig is en route to Malaysia where it will be available for hire
ENSCO 8503 |  | ENSCO 8500 Series, DP + Moored |  | 2010 |  | Talos Apache Kosmos |  | Mexico U.S. GOM U.S. GOM |  | Nov. 18 Jul. 19 Sep. 19 |  | Jun. 19 Sep. 19 Apr. 20 |  | Contracted for four wells Contracted for six wells. Plus one 140-day option
ENSCO MS-1 |  | F&G ExD Millennium, Moored |  | 2011 |  | Available |  | Malaysia |  |  |  |  |  |
ENSCO 6002 |  | Megathyst, DP |  | 2001 |  | Petrobras |  | Brazil |  | Jul. 13 |  | Dec. 19 |  | Day rate of approx. $248,000, plus approx. $17,000 per day amortized through Dec. 19 for capital upgrades. Plus cost adjustments
ENSCO 5006 |  | Bingo 8000, Moored |  | 1999 |  | INPEX |  | Australia |  | Jan. 15 |  | Aug. 19 |  | Day rate of approx. $362,000, plus approx. $125,000 per day amortized through Aug. 19 for capital upgrades and day rates during shipyard stay and mobilizations
ENSCO 5004 |  | F&G Enhanced Pacesetter, Moored |  | 1982 |  | Mellitah |  | Mediterranean |  | Aug. 14 |  | Feb. 20 |  | Planned inspection for approx. 14 days in 3Q19
Preservation Stacked |  |
ENSCO 8506 |  | ENSCO 8500 Series, DP |  | 2012 |  | Preservation Stacked(2) |  | U.S. GOM |  |  |  |  |  |
ENSCO 8502 |  | ENSCO 8500 Series, DP |  | 2010 |  | Preservation Stacked(2) |  | U.S. GOM |  |  |  |  |  |
ENSCO 8501 |  | ENSCO 8500 Series, DP |  | 2009 |  | Preservation Stacked(2) |  | U.S. GOM |  |  |  |  |  |
ENSCO 8500 |  | ENSCO 8500 Series, DP |  | 2008 |  | Preservation Stacked(2) |  | U.S. GOM |  |  |  |  |  |

Page 3 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Asset Type / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Jackups |  |  |  |  |  |  |  |  |  |  |  |  |  |
Heavy Duty Ultra-Harsh Environment(3) |  |
Rowan Norway (292) |  | KFELS N Class |  | 2011 |  | Turkish Petroleum ConocoPhillips |  | Turkey Norway |  | Nov. 18 Sep. 19 |  | Jul. 19 Mar. 20 |  | Plus one 6-month and one 13-month priced options
Rowan Stavanger (291) |  | KFELS N Class |  | 2011 |  | Repsol Equinor |  | Norway Norway |  | Nov. 18 Sep. 19 |  | Apr. 19 Feb. 20 |  | Plus one 5-well priced option and recurring 6-month priced options through Dec. 25
Rowan Viking (290) |  | KFELS N Class |  | 2010 |  | MOL Lundin |  | Norway Norway |  | Apr. 19 Mar. 20 |  | Aug. 19 Nov. 20 |  | Contracted for seven wells, with minimum duration of 265 days. Plus four 1-well priced options
Bob Palmer (250) |  | MLT Super Gorilla XL |  | 2003 |  | Saudi Aramco |  | Saudi Arabia |  | Jun. 18 |  | Jun. 21 |  | Leased to ARO Drilling(5)
Rowan Gorilla VII (249) |  | MLT Super Gorilla |  | 2002 |  | Chrysaor |  | UK |  | May 18 |  | Nov. 19 |  | Plus two 1-year unpriced options
Rowan Gorilla VI (248) |  | MLT Super Gorilla |  | 2000 |  | Shell |  | Trinidad |  | Apr. 18 |  | Sep. 19 |  | Contracted for drilling program until Apr. 19 then accommodation mode until Sep. 19. Plus one 2-month priced option
Rowan Gorilla V (247) |  | MLT Super Gorilla |  | 1998 |  | Total |  | UK |  | Sep. 17 |  | Mar. 20 |  | Plus one 8-month, one 3-month and one 6-month priced options

Page 4 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Region / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Jackups |  |  |  |  |  |  |  |  |  |  |  |  |  |
Heavy Duty Harsh Environment(3) |  |
ENSCO 123 |  | KFELS Super A |  | 2019 |  | Contract Prep. Premier Premier |  | UK UK UK |  | Aug. 19 Jun. 20 |  | Dec. 19 Jul. 21 |  | Contracted for two wells. Plus one 1-well option Contracted for four wells. Plus three 1-well options(4)
ENSCO 122 |  | KFELS Super A |  | 2014 |  | NAM Shell |  | UK UK |  | Sep. 17 Jan. 20 |  | Oct. 19 Oct. 20 |  | ----- Contracted for two wells. Plus seven 1-well priced options
ENSCO 121 |  | KFELS Super A |  | 2013 |  | Eni ONE Premier |  | UK UK/Netherlands UK |  | Dec. 18 Apr. 19 Mar. 20 |  | Apr. 19 Dec. 19 May 20 |  | Contracted for three wells. Plus three 1-well options Contracted for one well. Plus two 1-well options(4)
ENSCO 120 |  | KFELS Super A |  | 2013 |  | ConocoPhillips |  | UK |  | Jul. 17 |  | Jul. 22 |  | -----
ENSCO 102 |  | KFELS MOD V-A |  | 2002 |  | Arena Renaissance W&T Offshore GulfSlope Fieldwood |  | U.S. GOM U.S. GOM U.S. GOM U.S. GOM U.S. GOM |  | Nov. 17 May 19 Aug. 19 Oct. 19 Nov. 19 |  | Apr. 19 Aug. 19 Sep. 19 Nov. 19 Dec. 19 |  | Contracted for one well Contracted for one well
ENSCO 101 |  | KFELS MOD V-A |  | 2000 |  | Neptune Eni |  | Netherlands UK |  | Oct. 18 Sep. 19 |  | Aug. 19 Oct. 19 |  | Inspection for 21 days in 2Q19 Contracted for one well
ENSCO 100 |  | MLT Gorilla |  | 1987 |  | Repsol-Sinopec Faroe Petroleum |  | UK UK |  | Jun. 19 Nov. 19 |  | Nov. 19 Jun. 20 |  | Contracted for five wells Contracted for nine P&A wells. Plus twelve 1-well options

Page 5 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Region / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Jackups |  |  |  |  |  |  |  |  |  |  |  |  |  |
Heavy Duty(3) |  |
Joe Douglas (118) |  | LT 240-C |  | 2011 |  | BP |  | Trinidad |  | Aug. 16 |  | Sep. 19 |  |
Ralph Coffman (117) |  | LT 240-C |  | 2009 |  | GulfSlope Undisclosed Operator CGX |  | U.S. GOM Trinidad Guyana |  | Jul. 18 Jul. 19 Oct. 19 |  | Jun. 19 Oct. 19 Dec. 19 |  | Contracted for three wells. Plus four 2-well priced options after completion of CGX contract Contracted for one well
Rowan Mississippi (116) |  | LT 240-C |  | 2008 |  | Saudi Aramco |  | Saudi Arabia |  | Dec. 18 |  | Dec. 21 |  | Leased to ARO Drilling(5)
ENSCO 115 |  | Pacific Class 400 |  | 2013 |  | Mubadala Petroleum |  | Thailand |  | Mar. 19 |  | Jan. 20 |  | Contracted for ten months. Plus one 2-month option and three 4-month options
ENSCO 114 |  | Pacific Class 400 |  | 2012 |  | Cold Stacked |  | Philippines |  |  |  |  |  |
ENSCO 113 |  | Pacific Class 400 |  | 2012 |  | Cold Stacked |  | Philippines |  |  |  |  |  |
ENSCO 111 |  | KFELS MOD V-B |  | 2003 |  | Cold Stacked |  | Malta |  |  |  |  |  |
ENSCO 110 |  | KFELS MOD V-B |  | 2015 |  | North Oil Company |  | Qatar |  | Sep. 17 |  | Sep. 20 |  | Plus two 1-year priced options
ENSCO 109 |  | KFELS MOD V-Super B |  | 2008 |  | Chevron |  | Angola |  | Dec. 14 |  | Jul. 21 |  | Inspection for 15 days in 2Q19
ENSCO 108 |  | KFELS MOD V-B |  | 2007 |  | Saudi Aramco |  | Saudi Arabia |  | Nov. 18 |  | Nov. 21 |  |
ENSCO 107 |  | KFELS MOD V-B |  | 2006 |  | Jadestone Energy Chevron |  | Australia Australia |  | Mar. 19 Sep. 19 |  | May 19 Jan. 20 |  | Contracted for five months. Plus four 30-day priced options
ENSCO 106 |  | KFELS MOD V-B |  | 2005 |  | BP |  | Indonesia |  | Jan. 18 |  | Jan. 23 |  | Plus 13 1-well priced options. Planned inspection for approx. 15 days in 4Q19 and 20 days in 1Q20
ENSCO 105 |  | KFELS MOD V-B |  | 2002 |  | Preservation Stacked(2) |  | Singapore |  |  |  |  |  |
ENSCO 104 |  | KFELS MOD V-B |  | 2002 |  | ADNOC |  | UAE |  | Feb. 18 |  | Dec. 19 |  |

Page 6 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Region / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Jackups |  |  |  |  |  |  |  |  |  |  |  |  |  |
Standard Duty - Modern |  |
Earnest Dees (148) |  | LT Super 116-E |  | 2013 |  | Saudi Aramco |  | Saudi Arabia |  | Aug. 19 |  | Aug. 22 |  | Leased to ARO Drilling(5)
Bess Brants (147) |  | LT Super 116-E |  | 2013 |  | Saudi Aramco |  | Saudi Arabia |  | Jul. 19 |  | Jul. 22 |  | Leased to ARO Drilling(5)
Rowan EXL IV (146) |  | LT Super 116-E |  | 2011 |  | Saudi Aramco |  | Saudi Arabia |  | Sep. 18 |  | Sep. 21 |  | Leased to ARO Drilling(5)
Rowan EXL III (145) |  | LT Super 116-E |  | 2010 |  | Cantium |  | U.S. GOM |  | Nov. 18 |  | Jul. 19 |  | -----
Rowan EXL II (144) |  | LT Super 116-E |  | 2010 |  | BP Repsol |  | Trinidad Guyana |  | Apr. 18 Sep. 19 |  | Aug. 19 Oct. 19 |  | Contracted for one well
Rowan EXL I (143) |  | LT Super 116-E |  | 2010 |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 18 |  | Oct. 21 |  | Leased to ARO Drilling(5)
ENSCO 112 (142) |  | LT Super 116-E |  | 2008 |  | Cold Stacked |  | Malta |  |  |  |  |  |
ENSCO 141 |  | LT Super 116-E |  | 2016 |  | Saudi Aramco |  | Saudi Arabia |  | Aug. 18 |  | Aug. 21 |  |
ENSCO 140 |  | LT Super 116-E |  | 2016 |  | Saudi Aramco |  | Saudi Arabia |  | Jul. 18 |  | Jun. 21 |  |
ENSCO 76 |  | MLT Super 116-C |  | 2000 |  | Saudi Aramco |  | Saudi Arabia |  | Jan. 15 |  | Dec. 22 |  | Inspection for 15 days in 2Q19. Planned inspection for approx. 60 days in 1Q20
ENSCO 75 |  | MLT Super 116-C |  | 1999 |  | Talos |  | U.S. GOM |  | May 18 |  | Sep. 19 |  | Plus one 90-day option

Page 7 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Region / Rig |  | Design |  | Year Delivered |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Jackups |  |  |  |  |  |  |  |  |  |  |  |  |  |
Standard Duty |  |
ENSCO 96 |  | Hitachi 250-C |  | 1982 |  | Saudi Aramco |  | Saudi Arabia |  | Feb. 15 |  | Oct. 19 |  |
ENSCO 92 |  | MLT 116-C |  | 1982 |  | ConocoPhillips |  | UK |  | Feb. 17 |  | Dec. 22 |  |
ENSCO 88 |  | MLT 82 SD-C |  | 1982 |  | Saudi Aramco |  | Saudi Arabia |  | Nov. 13 |  | Nov. 19 |  | Day rate of approx. $65,000
ENSCO 87 |  | MLT 116-C |  | 1982 |  | ExxonMobil Available |  | U.S. GOM U.S. GOM |  | Nov. 18 |  | Jun. 19 |  |
ENSCO 84 |  | MLT 82 SD-C |  | 1981 |  | Saudi Aramco |  | Saudi Arabia |  | Jan. 17 |  | Aug. 21 |  | Day rate of approx. $72,000. Planned inspection for approx. 60 days in 3Q20 and 60 days in 4Q20
ENSCO 72 |  | Hitachi K1025N |  | 1981 |  | Petrofac Eni |  | UK UK |  | May 19 Nov. 19 |  | Jul. 19 Aug. 22 |  | Contracted for 40-well P&A program. Planned inspection for 14 days in 2Q20
ENSCO 71 |  | Hitachi K1032N |  | 1982 |  | Preservation Stacked(2) |  | UK |  |  |  |  |  |
ENSCO 70 |  | Hitachi K1032N |  | 1981 |  | Preservation Stacked(2) |  | UK |  |  |  |  |  |
ENSCO 68 |  | MLT 84-CE |  | 1976 |  | Castex Ankor Castex |  | U.S. GOM U.S. GOM U.S. GOM |  | Aug. 18 May 19 Aug. 19 |  | Apr. 19 Jun. 19 Sep. 19 |  | Contracted for one well
ENSCO 67 |  | MLT 84-CE |  | 1976 |  | Pertamina |  | Indonesia |  | Jan. 19 |  | May 20 |  | Contracted for 500 days
ENSCO 54 |  | F&G L-780 Mod II-C |  | 1982 |  | Saudi Aramco |  | Saudi Arabia |  | Sep. 14 |  | Sep. 22 |  | Day rate of approx. $72,000, plus approx. $5,000 per day for upgrade costs and mobilization amortized through Sep. 22
Rowan California (42) |  | MLT 116-C |  | 1983 |  | Cold Stacked |  | Bahrain |  |  |  |  |  |
Arch Rowan (37) |  | MLT 116-C |  | 1981 |  | Saudi Aramco |  | Saudi Arabia |  | Sep. 18 |  | Sep. 21 |  | Leased to ARO Drilling(5)
Charles Rowan (36) |  | MLT 116-C |  | 1981 |  | Saudi Aramco |  | Saudi Arabia |  | Sep. 18 |  | Sep. 21 |  | Leased to ARO Drilling(5)
Rowan Middletown (22) |  | MLT 116-C |  | 1980 |  | Saudi Aramco |  | Saudi Arabia |  | Sep. 18 |  | Sep. 21 |  | Leased to ARO Drilling(5)

Page 8 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Changes: bolded rig names and underlined text signify changes in rig status from previous report

Segment / Rig |  | Design |  | Customer/ Status |  | Location |  | Contract Start Date |  | Contract End Date(1) |  | Comments
Other |  |  |  |  |  |  |  |  |  |  |  |
Drilling Management |  |
Thunder Horse |  | Deepwater Semisubmersible |  | BP |  | U.S. GOM |  | Jan. 17 |  | Jan. 22 |  | Day rate of approx. $127,000 from Apr. 19. Plus five 1-year options
Mad Dog |  | Deepwater Spar Drilling Rig |  | BP |  | U.S. GOM |  | Jan. 17 |  | Jan. 22 |  | Day rate of approx. $86,000 from Apr. 19. Plus five 1-year options
ARO Drilling |  |  |  |  |  |  |  |  |  |  |  |
Jackup Rigs Owned by ARO Drilling |  |
Gilbert Rowe |  | MLT 116-C |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 17 |  | Oct. 20 |  | Day rate of approx. $69,000
Bob Keller |  | LT Tarzan 225-C |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 17 |  | Oct. 20 |  | Day rate of approx. $130,000
J.P. Bussell |  | LT Tarzan 225-C |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 17 |  | Oct. 20 |  | Day rate of approx. $130,000
Hank Boswell |  | LT Tarzan 225-C |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 18 |  | Oct. 21 |  | Undisclosed day rate. Inspection for 14 days in 3Q 19
Scooter Yeargain |  | LT Tarzan 225-C |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 18 |  | Oct. 21 |  | Undisclosed day rate
SAR 201 |  | BMC 200-H |  | Saudi Aramco |  | Saudi Arabia |  | Feb. 18 |  | Feb. 21 |  | Day rate of approx. $79,000
SAR 202 |  | KFELS Super B |  | Saudi Aramco |  | Saudi Arabia |  | Oct. 17 |  | Oct. 20 |  | Day rate of approx. $195,000
Held for Sale |  |  |  |  |  |  |  |  |  |  |  |
Rowan Gorilla IV |  | MLT Gorilla |  | Sold |  |  |  |  |  |  |  |

(1) Contract duration does not include any unexercised optional extensions. Contract end dates can vary based on how long it takes to complete the wells subject to the contract.
(2) Prior to stacking, upfront steps are taken to preserve the rig. This may include a quayside power source to dehumidify key equipment and/or provide electrical current to the hull to prevent corrosion. Also, certain equipment may be removed from the rig for storage in a temperature-controlled environment. While stacked, large equipment that remains on the rig is periodically inspected and maintained by EnscoRowan personnel. These steps are designed to reduce the time and lower cost to reactivate the rig when market conditions improve.
(3) Heavy duty jackups are well-suited for operations in tropical revolving storm areas.
(4) EnscoRowan has the right to provide any ENSCO 120 Series rig to fulfill these Premier contracts.
(5) Rigs leased to ARO Drilling via bareboat charter agreements to fulfill contracts between ARO Drilling and Saudi Aramco.
Page 9 of 10

|  |  | Ensco Rowan plc Fleet Status Report July 25, 2019 |

Additional Information Regarding this Fleet Status Report
Day Rate and Terms. The day rates reflected in this Fleet Status Report are stated in U.S. dollars and are the operating day rates charged to customers, which may include estimated contractual adjustments for changes in operating costs and/or reimbursable cost adjustments for ongoing expenses such as crew, catering, insurance and taxes. The day rates, however, do not include certain types of non-recurring revenues such as lump sum mobilization payments, revenues earned during mobilizations, revenues associated with contract preparation and other non-recurring reimbursable items such as mobilizations and capital enhancements, and the impact of the fair market value adjustments to previously acquired drilling contracts. Routine and non-routine downtime may reduce the actual revenues recognized during the contract term. Additionally, we sometimes negotiate special rates and/or day rate adjustments with customers that may reduce revenues recognized.
Forward Looking Statements. Statements contained in this Fleet Status Report that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include words or phrases such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “could,” “may,” “might,” “should,” “will” and similar words and specifically include statements involving future rig day rates including adjustments with the customer; discussions with the customer; backlog; cost adjustments; utilization; estimated rig availability; expected work commitments and contracts; contract duration, status, terms and other contract commitments; letters of intent, letters of award or other correspondence indicating an award; rig enhancement projects; new rig commitments; the expected period of time and number of rigs that will be in a shipyard for repairs, maintenance, enhancement or construction; sale leaseback transactions; scheduled delivery dates for new rigs; and the timing of delivery, mobilization, contract commencement, relocation or other movement of rigs. Such statements are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including commodity price fluctuations, customer demand, new rig supply, downtime and other risks associated with offshore rig operations; relocations; costs and difficulties related to the integration of Ensco plc and Rowan Companies plc; risks related to our joint venture with Saudi Aramco, including the timing and amount of future distributions from the joint venture or contributions to the joint venture; severe weather or hurricanes; changes in worldwide rig supply and demand, competition and technology; future levels of offshore drilling activity; governmental action, civil unrest and political and economic uncertainties; terrorism, piracy and military action; risks inherent to shipyard rig construction, repair, maintenance or enhancement; possible cancellation, suspension, repudiation, or termination of drilling contracts, including termination for convenience (without cause), as a result of mechanical difficulties, performance, customer liquidity and finances, the decline or the perceived risk of a further decline in oil and/or natural gas prices, or other reasons; our ability to enter into, and the terms of, future drilling contracts; the cancellation of letters of intent or any failure to execute definitive contracts following announcements of letters of intent, letters of award or other expected work commitments or awards; the outcome of litigation, legal proceedings, investigations or other claims or contract disputes; governmental regulatory, legislative and permitting requirements affecting drilling operations; our ability to attract and retain skilled personnel on commercially reasonable terms; environmental or other liabilities, risks or losses; debt restrictions that may limit our liquidity and flexibility; and cybersecurity risks and threats. In addition to the numerous factors described above, you should also carefully read and consider “Item 1A. Risk Factors” in Part I and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II of our most recent annual report on Form 10-K, as updated in our subsequent quarterly reports on Form 10-Q, which are available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website at www.enscorowan.com. Each forward-looking statement contained herein speaks only as of the date of this Fleet Status Report, and we undertake no obligation to publicly update or revise any forward looking statements, except as required by law.
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