Hercules Offshore Inc (fka HEROQ)

[PinkBu]

Sounds like Hero has filed request to extend exclusive periods to file the Chapter 11 Plan... Wow, this could extend until 03/06/17. I guess the good thing about that is it gives oil plenty of time to recover.

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Docket #17: https://cases.primeclerk.com/herculesinfo/Home-DocketInfo

Hearing Date: November 22, 2016 at 1:00 p.m. (ET)

DEBTORS’ MOTION PURSUANT TO BANKRUPTCY CODE SECTION 1121(d)(1) TO EXTEND THE EXCLUSIVE PERIODS TO (I) FILE A CHAPTER 11 PLAN AND(II) SOLICIT ACCEPTANCES THEREOF

Hercules Offshore, Inc. (“HERO”) and its debtor affiliates, as debtors and debtors in possession in the above-captioned chapter 11 cases (collectively, the “Debtors”) file this motion (the “Motion”) for entry of an order (i) extending the period during which the Debtors have the exclusive right to file a plan or plans of reorganization (the “Exclusive Filing Period”) through and including January 3, 2017 and (ii) extending the period during which the Debtors have the exclusive right to solicit acceptances thereof (the “Exclusive Solicitation Period” and, together with the Exclusive Filing Period, the “Exclusive Periods”) through and including March 6, 2017...