HERO is in excellent position to take advantage of the drilling opportunities presented by a Romney administration. Was looking to beat estimates on eps today, but other metrics are looking good. Let's see what they have to say on the call. Late.
As reported in the conference call agreements are in place to sell 3 more cold stacked rigs for a total of 20 million dollars. This not only increases cash on hand but reduces cost associated with cold stacked storage fees.