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Hercules Offshore, Inc. (HERO) Message Board

  • mike_dotcom mike_dotcom Aug 21, 2013 5:00 PM Flag

    FLEET REPORT OUT

    but not showing on the website yet.

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    • Fleet report: A few nice developments.

      Rig 263 currently billing at 89-91K day rate added 180 days a t $109-111K
      International Liftboat rate rises from 22.3K to 25.2K with utilization moving from 62% to 79%

      No contract yet for Discover Triumph, and they don’t take possession of the Resilience until later this year.
      However, no real concern there. The Keppel FELS Super A is a highly desired rig and it will be working soon enough. If you recall, there where opportunities that they decided not to bid on while the rig was under different corporate governance and other opportunities where they bid high. The work is there in a big way. I believe we will be pleased shortly (At least some of us).

      Day rates keep rising as evidenced by this new report.

      Great entry point for new investors.

      Sentiment: Strong Buy

 
HERO
4.29-0.09(-2.05%)Apr 15 4:00 PMEDT

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