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8 months ago
BRIEF-Hercules Offshore says co's unit entered purchase and sale agreement with Magni Drilling Limited - SEC filing
December 2, 2016 / 7:11 PM / 8 months ago

BRIEF-Hercules Offshore says co's unit entered purchase and sale agreement with Magni Drilling Limited - SEC filing

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Dec 2 (Reuters) - Hercules Offshore Inc:

* On Dec. 2, Hercules British Offshore Limited entered into a purchase and sale agreement with Magni Drilling Limited - SEC filing

* Magni Drilling Limited is purchasing Hercules's two jack-up drilling rigs for $130 million in cash Source text (bit.ly/2fPA37g) Further company coverage:

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