The global law firm of Thompson & Knight LLP has provided bankruptcy advice to Hercules Offshore, Inc. in an Asset Purchase Agreement with
Seahawk Drilling, Inc. and its affiliates pursuant to which Seahawk sold substantially all of its assets to Hercules (more...)
Seahawk Drilling (HAWK): Another of my investment mistakes.
-LSB-...] 30, 2010 by greenbackd
Seahawk Drilling, Inc. (NASDAQ: HAWK), which I've posted about before, has taken a pounding over the last few days, down over 11 % just yesterday to close at $ 9.61.
Maybe it's just my recent experience with
the Seahawk Drilling investment, or last week's sudden drop in response to the Libya situation.
Posted in About, Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK), Stocks, tagged Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK) on June 30, 2010 7 Comments»
1)
Seahawk Drilling (HAWK)-- After reading the various posts on Greenbackd regarding Seahawk I finally took the plunge and opened a position, which I subsequently added to.
Seahawk Drilling (HAWKQ): Yesterday I sold my entire position in
Seahawk Drilling for a loss of about 20 %.
Seahawk Drilling, Inc. (NASDAQ: HAWK), which I've posted about before, has taken a pounding over the last few days, down over 11 % just yesterday to close at $ 9.61.
Companies like
Seahawk drilling (the CEO came from Hercules Offshore with a terrible track record) and Idearc have had new CEOs who couldn't save a sinking ship.
Posted in About, Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK), Stocks Tagged Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK) 7 Comments
Posted in About, Liquidation Value, Stocks, Value Investment Tagged
Seahawk Drilling (NASDAQ: HAWK) 1 Comment
In September last year Ben Bortner provided a guest post on
Seahawk Drilling (NASDAQ: HAWK).
Represented the chairman of an official equity committee in the reorganization of
Seahawk Drilling Inc., a company that provided drilling services to the oil and natural gas industries.
Posted in About,
Seahawk Drilling (NASDAQ: HAWK), Stocks Tagged
Seahawk Drilling (NASDAQ: HAWK) 2 Comments
Carl Icahn's former lieutenant Mark Rachesky has opened a position in
Seahawk Drilling Inc (NASDAQ: HAWK), a stock I've covered in some detail (see the post archive here).
Here are the top 10 posts for the last quarter: Graham's P / E10 ratio The long and short of The St. Joe Company Absolute Return interviews Seth Klarman
Seahawk Drilling (NASDAQ: HAWK) redux and HAWK liquidation values Whitney Tilson and Glenn Tongue on BP -LSB-...]
Posted in About, Liquidation Value, Stocks, Value Investment, tagged
Seahawk Drilling (NASDAQ: HAWK) on October 4, 2010 1 Comment»
-LSB-...] September last year Ben Bortner provided a guest post on
Seahawk Drilling (NASDAQ: HAWK).
Posted in Activist Investors, Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK), Stocks Tagged Mark Rachesky, MHR Fund Management,
Seahawk Drilling (NASDAQ: HAWK) 7 Comments
I've recently run a few posts on
Seahawk Drilling Inc (NASDAQ: HAWK)(see the post archive here).
Seahawk Drilling (NASDAQ: HAWK) is a compelling investment opportunity with very little risk of a permanent loss of capital.
We continue our guest posts today with
Seahawk Drilling (NASDAQ: HAWK), an idea from Ben Bortner.
-LSB-...] Guest post:
Seahawk Drilling Inc (NASDAQ: HAWK) and the Hacienda — Greenbackd has written several nice write - ups for HAWK (See here and here), an undervalued driller that is trading for less than the price of its assets.
Posted in About,
Seahawk Drilling (NASDAQ: HAWK), Stocks, tagged
Seahawk Drilling (NASDAQ: HAWK) on September 20, 2010 3 Comments»
Posted in Liquidation Value,
Seahawk Drilling (NASDAQ: HAWK), Stocks Tagged Liquidating Value,
Seahawk Drilling (NASDAQ: HAWK) 4 Comments
Per Google Finance,
Seahawk Drilling «operates a jackup rig business that provides contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico.»
Not exact matches
PEMEX's demand for
Seahawk's
drilling services is subject government approval and intervention.
In our opinion, the board members» diverse backgrounds in natural gas,
drilling, and engineering should also prove extremely valuable to
Seahawk.
The management team at
Seahawk is highly qualified and was chosen for their experience growing newly public offshore
drilling companies.