SOURCE: Shinesroomonline.com

Shinesroomonline.com

June 17, 2011 08:24 ET

Equity Research on Hercules Offshore Inc. and Helmerich & Payne Inc. - Oil and Gas Drilling and Exploration Sector Navigates Tough Waters Following Oil Spill

NEW YORK, NY--(Marketwire - Jun 17, 2011) - www.shinesroomonline.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Oil & Gas Drilling & Exploration industry and are offering free analytical research on Hercules Offshore Inc. (NASDAQ: HERO) and Helmerich & Payne Inc. (NYSE: HP). Register with us today at www.shinesroomonline.com to have free access to this research or speak to one of our pros at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial.

The BP oil spill in the Gulf of Mexico has had a major impact on the Oil and Gas Drilling and Exploration Sector. For offshore drillers, operations in the gulf were completely cut when the U.S. Government instituted a moratorium for drilling in that region. While this moratorium did not technically extend to shallow-water operations, it did negatively impact this segment of the market because drilling permits were much harder to procure. Get instant analyses of Hercules Offshore Inc. and Helmerich & Payne Inc. from live, real-time experts standing by at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial. There is no commitment to join.

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Companies that are able to navigate the procedural obstacles should find steady demand waiting on the other side. Hercules Offshore Inc. is optimistic about shallow water rig demand. There appears to be more interest in new and higher-tech rigs, however, which may lead to the company selling off some of its oldest vessels. This demand for more advanced rigs will add a measure of stability to companies with premium asset profiles like Helmerich and Payne Inc. Hercules Offshore Inc. and Helmerich & Payne Inc. reports are accessible for free by registering today at http://shinesroomonline.com/reports/June1711HerculesOffshoreInc.(HERO)170611.php or http://shinesroomonline.com/reports/June1711Helmerich&PayneInc.(HP)170611.php.

The sector will need to work through new safety and environmental regulations that arose out of the Gulf spill. While acquiring permits has been difficult, the U.S. government has recently released a new, more-efficient, application process that should make the sector's battle a little easier.

The two Oil & Gas Drilling & Exploration stocks research reports are available for free by signing up now on www.shinesroomonline.com.

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