UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of Report (Date of earliest event reported): May
3, 2005
ROWAN
COMPANIES, INC.
(Exact
name of registrant as specified in its charter)
|
DELAWARE |
1-5491 |
75-0759420 |
|
(State or other jurisdiction |
(Commission file Number) |
(IRS Employer |
|
of incorporation) |
|
Identification No.) |
|
2800 POST OAK BOULEVARD |
|
|
SUITE 5450 |
|
|
HOUSTON, TEXAS |
77056-6127 |
|
(Address of principal executive offices) |
(zip code) |
(713)
621-7800
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following
provisions:
[
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240-14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240-13e-4(c))
Item
4.01. Changes in Registrant's Certifying Accountant
On April 22, 2005, McConnell & Jones LLP was appointed as the
independent auditor for the Rowan Companies, Inc. Savings and Investment
Plan and the LeTourneau, Inc. Savings and Investment Plan (the "Plans")
for the year ended December 31, 2004. Deloitte & Touche LLP
("Deloitte"), the Plans' independent auditor for the two most recent fiscal
years, has been dismissed.
The decision to change auditors was approved by the Audit Committee of the
Board of Directors of Rowan Companies, Inc. (the "Company") on April 22,
2005.
The audit reports of Deloitte on the financial statements of the Plans
for the past two fiscal years did not contain an adverse opinion or disclaimer
of opinion, nor were they qualified or modified as to uncertainty, audit scope,
or accounting principles.
During the two most recent fiscal years and through April 22, 2005, there
were no disagreements between the Plans and Deloitte on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of Deloitte,
would have caused Deloitte to make reference to the subject matter of the
disagreement in connection with its report on the Plans' financial
statements.
During the two most recent fiscal years and through April 22, 2005, there
were no "reportable events" with respect to the Plans as that term is defined in
Item 304(a)(1)(v) of Regulation S−K.
During the two most recent fiscal years and through April 22, 2005, the
Company did not consult with McConnell & Jones LLP with respect to the Plans
regarding any of the matters or events set forth in Item 304(a)(2)(i) and (ii)
of Regulation S−K.
The Plans provided a copy of the foregoing disclosures to Deloitte prior to
the date of the filing of this report and requested that Deloitte furnish it
with a letter addressed to the Securities and Exchange Commission stating
whether or not it agrees with the statements in this Item 4.01. A copy of the
letter furnished in response to that request is filed as Exhibit 16.1 to this
Form 8−K.
Item
9.01. Financial Statements and Exhibits
(c)
Exhibits
|
Exhibit |
||
|
Number |
Exhibit
Description | |
|
16.1 |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
ROWAN COMPANIES, INC.
By:
/s/ W. H. WELLS
W. H. Wells,
Vice President - Finance and Treasurer (Principal Financial
Officer)
Dated:
May 3, 2005
INDEX
TO EXHIBITS
EXHIBIT
DESCRIPTION
|
Exhibit |
| |
|
Number |
Exhibit
Description | |
|
16.1 |
-2-