Friday, August 3, 2007

UPDATE 1-Hercules Offshore Q2 earnings rise

(Reuters) - The recent decline in the outlook for U.S. natural-gas
prices could delay the expected recovery in jackup rig demand
in the U.S. Gulf of Mexico, the company said in a statement.




Houston-based Hercules reported a second-quarter net income
of $23.5 million, or 72 cents a share, compared with $22.9
million, or 71 cents a share, a year ago.


Read more at Reuters.com Market News

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