UPDATE: Hercules Offshore (HERO) Stock Lower on Blowout Reports
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(Updated - July 23, 2013 1:11 PM EDT)
Hercules Offshore (Nasdaq: HERO) stock traded lower after a blowout was reported on Platform #265 40 miles south and 10-15 miles west of Grand Isle. According to reports, 44 works on the Gulf of Mexico platform have been evacuated and natural gas is believed to be leaking from the site. Local news reports say a Coast Guard cutter and two aircraft are in route to assess the situation. All workers safe, say reports.
Hercules Offshore (Nasdaq: HERO) stock traded lower after a blowout was reported on Platform #265 40 miles south and 10-15 miles west of Grand Isle. According to reports, 44 works on the Gulf of Mexico platform have been evacuated and natural gas is believed to be leaking from the site. Local news reports say a Coast Guard cutter and two aircraft are in route to assess the situation. All workers safe, say reports.
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