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Oil drillers like Hercules Offshore ($
), SeaDrill ($
), Transocean ($
), & Noble ($
) may see increased demand if oil goes higher.
Geopolitical risks in Middle East and Libya are definitely good for offshore drillers. Temporary highs and lows in oil price not so much
And geopolitical risks in Russia/Europe and South China Sea.
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Hercules Offshore Inc
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From other sites
The Zacks Analyst Blog Highlights: Devon Energy, Schlumberger, National Oilwell Varco, Transocean and Hercules Offshore
at Zacks.com (Jun 8, 2016)
Hercules Offshore Files for Bankruptcy for the Second Time
at Zacks.com (Jun 7, 2016)
Hercurles Offshore Files Ch11 Bankruptcy
at Benzinga (Jun 6, 2016)
The Wall Street Journal: Hercules Offshore files for chapter 11, again
at MarketWatch.com (May 27, 2016)
The Zacks Analyst Blog Highlights: Hercules Offshore, Independence Contract Drilling, Contango Oil & Gas, World Point Terminals and NuStar GP Holdings
at Zacks.com (May 25, 2016)