Hercules Offshore to sell two jackups

Hercules Offshore has agreed to sell its jackups Hercules 100 and Hercules 110 for $12.0 million to an undisclosed buyer.

Offshore staff

HOUSTON -- Hercules Offshore has agreed to sell its jackups Hercules 100 and Hercules 110 for $12.0 million to an undisclosed buyer. Hercules 100 is classified as "retired" and currently stacked in Sabine Pass, Texas. Hercules 110 is cold-stacked in Trinidad.

The sale is expected to close by Aug. 15.

06/18/2009

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