February 15, 2011
Seahawk to seek bankruptcy protection, sell assets
"Gulf of Mexico driller Seahawk Drilling Inc (HAWK.O) said it would file for bankruptcy protection and sell its 20 shallow-water rigs to bigger rival Hercules Offshore (HERO.O) for about $100 million."
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Read a whole story at reuters.com...dont know why but feeling bad about it.
Posted by: Bob | Feb 18, 2011 12:05:35 AM