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Hercules Offshore sees $4.84 million Aug. 13-Aug. 30 operating loss
By Caroline Salls
Pittsburgh, Oct. 9 – Hercules Offshore, Inc. reported a $4.84 million operating loss for the period of Aug. 13 through Aug. 30 on $174,118 in revenue, according to its monthly operating report filed Friday with the Securities and Exchange Commission.
The net loss for the period was $20.96 million.
In addition, the company had $474,229 in cash as of Aug. 30.
Hercules, a Houston-based provider of offshore drilling equipment and services, filed for bankruptcy on Aug. 13 in the U.S. Bankruptcy Court for the District of Delaware. The Chapter 11 case number is 15-11685.
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