- Hercules Offshore (HERO) +5.7% AH after announcing a five-year drilling contract with Maersk Oil for a newbuild jackup rig in a deal valued at ~$420M.
- HERO says the contract expands its operational footprint to the North Sea with a leading operator in the region; given the unique enhancements required for the rig in developing the field, HERO expects demand for the rig to extend well beyond the initial five-year fixed term.
- HERO also signs a construction contract with Jurong Shipyard for a high specification, harsh environment rig in a deal valued at ~$270M.
From other sites
at MarketWatch.com (Feb 27, 2015)
at Benzinga.com (Feb 27, 2015)
at Benzinga.com (Feb 19, 2015)
at MarketWatch.com (Jan 6, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs