Question-and-Answer Session
Operator
Thank you (Operator Instructions). Our first question will come from Robin Shoemaker with Citi.
Robin Shoemaker - Citi
Yes, thank you. Good morning.
W. Ralls
Good morning, Robin.
Robin Shoemaker - Citi
Matt, I was wondering what your current understanding is of Saudi Aramco's rig requirements as compared to your contract expiration. I know they've scaled back, they made a presentation I think to some oil service companies indicating what their plans were, but do you have any visibility with regard to their jack-up requirements?
W. Ralls
Well let me Mark Keller and Dave Russell and I were just over there a few weeks ago and we had a big visit with Aramco. But I am going to let Mark comment on his latest discussions with them.
Mark Keller - Executive Vice President, Business Development
In our latest meetings with Saudi Aramco and we're in touch with them constantly. They currently have about eight more jack-ups that roll off contract by the end of this year, 8 to 9 rigs and they are reviewing all of those. As I mentioned in my prepared statement, the Rowan California will complete operations in the next day or two and it will roll off contract.
But right now they are still taking the position on a day-by-day basis, that they are still reviewing their drilling options and trying to migrate their fleet. Whether they will keep the other two rigs, I'm not sure. I asked that question day before yesterday and I was given the answer that they still don't know. And as far future requirements, they tell us that they are still going to go to the market for two to three gas rigs, that would be the Hashbac type (ph) rigs, like the Tarzans and the 240C class rigs.
Robin Shoemaker - Citi
Okay, and that will be this year?
Mark Keller - Executive Vice President, Business Development
As of my last meeting with them, that is their plan right now.
Robin Shoemaker - Citi
Right.
Mark Keller - Executive Vice President, Business Development
It will be towards the end of the year though.
Robin Shoemaker - Citi
Okay. The other question I want to ask you is, as you bid rigs for various jobs around the world, like you mentioned, India for example. What kind of comes into consideration in terms of having a single rig operation in the market and how does that drive your bidding strategy? Is that a strategy you would want to pursue?
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