DALLAS, Feb. 23, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Hercules Offshore Inc. (Nasdaq:HERO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Hercules Offshore (HERO) is a global provider of offshore contract drilling, liftboat and inland barge services. The Company operates a fleet of 30 jackup rigs, 17 barge rigs, 65 liftboats, three submersible rigs, one platform rig and a fleet of marine support vessels. The Company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance and decommissioning operations in several key shallow water provinces around the world.
HERO was founded in 2004 and is based in Houston, Texas.
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In the report, the analyst notes:
"Houston-based HERO recently announced that it would buy assets owned by Seahawk Drilling in a stock and cash deal. The agreement came as shallow water driller Seahawk Drilling seeks bankruptcy protection, hurt by a slowdown in Gulf of Mexico drilling following the BP oil spill last year.
"HERO is scheduled to release its fourth-quarter and full-year 2010 financial results before market hours on Thursday, February 24, 2011. It will hold a conference call to discuss those results at 11 a.m. ET that same day."
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