Could not agree more, HERO was Pro active. They knew trouble was coming and put themselves in good position for what ever happens. Like you said, we all know 1 event can change everything.... I am long here.....
I just do not see any value in the assets of Hercules that would entice a drilling company to buy them, no one wants old junk iron rigs. They want new equipped rigs. Just go to Hero website and click on fleet and then look at tech specs, you will see the age of the fleet.
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