Hercules Offshore, which has its headquarters in Greenway Plaza, is the first of more than 130 North American oil producers and service firms to twice seek bankruptcy protection since crude prices.June 6 (Reuters) – Drilling contractor Hercules Offshore Inc filed for bankruptcy protection on Hercules first filed for Chapter 11 bankruptcy protection in August 2015 and emerged from it in.The Hercules Offshore Inc drilling contractor reported that it had filed for Chapter 11 bankruptcy among continuing market conditions of dropping oil and gas producer and explorer demand levels due.Hercules Offshore faces strong opposition from big shareholder Centerbridge Partners to its plan to Hercules returned to bankruptcy Sunday, less than six months after a balance-sheet reshaping that.Hercules Offshore is a maritime company headquartered in Houston, Texas that provides services Most recently, Hercules has faced Chapter 11 bankruptcy and has struggled to recover from that.
June 6 (Reuters) – Drilling contractor Hercules Offshore Inc filed for bankruptcy protection on Monday in a Delaware court, just six months after emerging from its first bankruptcy.Hercules Offshore has filed for Chapter 11 overnight, having received support from lenders for its new restructuring plan which will see all its assets put of for sale.Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the Gulf of Mexico, filed for bankruptcy with a plan to be taken over by senior creditors. The company said it planned to.Hercules Offshore Inc. has returned to bankruptcy protection, planning to sell off its assets and shut down just months after a balance sheet reshaping that was supposed to save the business.
Hercules Offshore Files For Bankruptcy For The Second Time By Zacks Investment Research Hercules Offshore, Inc. (NASDAQ:HERO) , along with some of its affiliates, has filed chapter 11.Hercules-Offshore-Inc News: Ocean RIG Files For Bankruptcy Protection In US, Ship Operator Toisa Files For Bankruptcy, Hercules Offshore Filing For Bankruptcy.Hercules Offshore Inc. has entered into a restructuring support agreement with lenders after emerging from Chapter 11 of the US Bankruptcy Code last November.In August of 2015, Hercules Offshore filed for bankruptcy and emerged in November after restructuring with a new $450 million credit facility. That filing showed that the Houston company had.Hercules Offshore, Inc. (Hercules Offshore) provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally.
Hercules Offshore (HERO) filed for Chapter 11 bankruptcy last August as the crash in oil prices began to send financial stress rippling through the oil and gas world.Hercules Offshore and certain of its affiliates filed for protection under Chapter11 of the United States Bankruptcy Code on June 6, 2016 in the United States Bankruptcy Court for the District of.In a widely expected move, Hercules Offshore Inc.HERO sought bankruptcy protection in U.S. Bankruptcy Court in Wilmington, Del., the latest victim of plunging energy prices.