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Stock Market & Financial Investment News

News Breaks
November 28, 2012
17:42 EDTHEROHercules Offshore received $10M payment from Angola Drilling
On November 27, the company received a cash payment of $10M from Angola Drilling Company Ltd., a customer in Angola. This amount represents an installment payment on the balance owed to the company from the customer pursuant to a drilling contract for the Hercules 185 for services provided from July 2009 through January 2011. The proceeds will be recorded as revenue in our International Offshore segment during the fourth quarter 2012. After the application of this payment, the customer owes the Company $44.4M under the contract.
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September 16, 2014
07:42 EDTHERODeutsche Bank to hold a conference
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September 9, 2014
07:18 EDTHEROStephens to hold an investor trip
Energy: Oilfield Services Investor Plane Trip travels throughout Texas and Oklahoma on September 9-10.

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