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Hercules Offshore, Inc. - Company Profile Snapshot

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Company Profile: Hercules Offshore, Inc.
Ticker: HERO
Exchanges: NAS
2008 Sales: 1,111,800,000
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Exploration, Drilling Service & Equip
Country: UNITED STATES
Employees: 3100

Business Description
Hercules Offshore, Inc.. The Group's principal activity is to provide shallow-water drilling and marine services to the oil and natural gas exploration and production industry. Its operates through six segments: Domestic Offshore, which holds 20 jackup rigs and 3 submersible rigs in the U.S. Gulf of Mexico that drills in maximum water depths ranging from 85 to 350 feet; International Offshore, which operates 11 jackup rigs and 1 platform rig outside of the U.S. Gulf of Mexico; Inland, which operates a fleet of 6 conventional and 11 posted barge rigs that operate inland in marshes, rivers, lakes and shallow bay or coastal waterways; Domestic Liftboats, that operates 45 liftboats in the U.S. Gulf of Mexico; International Liftboats, which operates 20 liftboats internationally; and Delta Towing, which operates a fleet of 30 inland tugs, 16 offshore tugs, 34 crew boats, 46 deck barges, 17 shale barges and four spud barges along and in the U.S. Gulf of Mexico and along the Southeastern coast.

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