Report on Hercules Offshore

Please find attached a concise credit report on Hercules Offshore (NYSE:HERO). The report includes a comprehensive company timeline (highlighting key events) and the capital structure which highlights pre-restructuring and post-restructuring debt.

Attachment: Hercules Offshore

Short Description:

Headquartered in Houston, United States, Hercules Offshore, Inc. is engaged in the provision of shallow-water drilling and marine services to the oil and natural gas exploration and production industry through its fleet of vessels comprising of 27 jack-up rigs and 19 liftboats.

On 13 August 2015, the company filed for Chapter-11 bankruptcy to emerge out of restructuring on 6 November 2015.

For the period ended 31 December 2015, the company had a workforce of 1,000 employees.

Source: CovenantMonitor

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