Hercules Offshore Inc (fka HEROQ)

[SATELLITE]

Not getting my hopes up, but i like the sounds of this......

Hercules Offshore boosts shareholder recovery in debt payment plan
Sep 16 2016, 18:26 ET | About: Hercules Offshore Inc (HERO) | By: Carl Surran, SA News Edito

Hercules Offshore (NASDAQ:HERO) is sweetening shareholders’ payout in its bankruptcy ahead of a court hearing next Thursday, WSJ reports.

HERO submitted an amended debt payment plan that offers a cash payout of $15M to shareholders who rejected a previous plan, but recoveries could reach as high as $138M depending on sales of the company's rigs and other assets, according to an analysis by HERO's investment bankers.

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