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Friday, 24 July 2015

Hercules to file for bankruptcy ‘within weeks’

Hercules to file for bankruptcy ‘within weeks’
24 July 2015, News Wires – Jack-up owner Hercules Offshore said it expects to file for bankruptcy protection in about three weeks and hopes to emerge several months later with a restructured balance sheet. The shallow-water contractor has been struggling for months as the jack-up market has been especially hard hit in the oil and gas […] More »

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