Houston-based jack-up contractor Hercules Offshore Inc., whose fleet is concentrated in the shallow waters of the Gulf of Mexico (GOM), is handing over ownership to creditors through a financial restructuring that would lead to a Chapter 11 filing in early July.
Saratoga
Articles from Saratoga
NGI The Weekly Gas Market Report
Hercules Prepares for Chapter 11; Another E&P Begins Restructuring
Houston-based jack-up contractor Hercules Offshore Inc., whose fleet is concentrated in the shallow waters of the Gulf of Mexico, is handing over ownership to creditors through a financial restructuring that would lead to a Chapter 11 filing in early July.
June 19, 2015
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
