One-Page Deal Sheet
Hercules Offshore Makes Offshore Rig Purchase
Hercules Offshore, Inc. Diamond Offshore Drilling, Inc.
Announced Date
March 29,2012
Close Date
March 28,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
40
Asset/Basin:
{"Gulf of Mexico"}
Transaction Details: Subscribe to see
Hercules Offshore, Inc. announced today that it has closed the previously announced acquisition of the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling, Inc. for $40 million in cash. Ocean Columbia, to be renamed Hercules 266, is a LeTourneau Class 82 SD-C self-elevating drilling rig.
The Company also announced the execution of a contract for the dry tow transportation of the Hercules 266 from the U.S. Gulf of Mexico to a shipyard in the Middle East in the second quarter of 2012, where the rig will undergo capital upgrade and contract preparation work…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-15-2024 |
-  |
- |
Click here | Louisiana | E&P |
| Sep-22-2022 |
- |
- |
Click here | E&P | |
| May-25-2022 |
- |
- |
Click here | E&P | |
| Apr-05-2022 |
- |
- |
Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-15-2024 | Talos Acquires QuarterNorth Energy For $1.2 Billion | - |
- |
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - |
- |
| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - |
- |