HOUSTON, April 30, 2015 /PRNewswire/ -- Hercules Offshore,
Inc. (NASDAQ: HERO) announced that it has received a notice from
Saudi Aramco extending the termination date of its drilling
contract for the Hercules 261, to May
31, 2015. As previously disclosed, we are in the process of
seeking a basis for continuing the Hercules 261 contract. We
disclaim any obligation to update this information except as
required by applicable rules and regulations.
About Hercules Offshore
Headquartered in Houston,
Hercules Offshore, Inc. operates a fleet of 33 jackup rigs,
including one rig under construction, and 24 liftboats. 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. For more information, please
visit our website at http://www.herculesoffshore.com.
Statements above that are not historical fact are
forward-looking statements, including the status of contract
discussions, day rates and potential contract terminations.
Forward-looking statements by their nature involve substantial
risks, uncertainties and assumptions, including without limitation,
contract renegotiations with customers, early termination by the
customer pursuant to the contract or otherwise, government and
regulatory actions and other factors described in the risks and
uncertainties described in our periodic reports filed with the
Securities and Exchange Commission. Many of these factors are
beyond our ability to control or predict.
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SOURCE Hercules Offshore, Inc.