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Posted March 2, 2012

HOUSTON -- Hercules Offshore, Inc. (Nasdaq: HERO) announced the appointment of Son P. Vann to Vice President Investor Relations and Planning and John F. Wasmuth to Vice President Tax.

Mr. Vann joined the Company in June 2010 as the Director, Investor Relations and Finance. Prior to joining Hercules Offshore, he served in various financial roles in the investment banking industry at Jefferies & Company, Solomon Smith Barney and UBS. Mr. Vann holds a Bachelor of Business Administration in Finance from the University of Texas at Austin and is CFA Charterholder.

Mr. Wasmuth has served as our Director of Tax since he joined the Company in August 2010. His extensive experience in the oil and gas industry includes positions with Repsol Services Company, Cameron International and Shell Oil Company. Mr. Wasmuth holds a Bachelor of Business Administration in Accounting from the University of Texas at Austin and is a Certified Public Accountant (CPA).

Stephen M. Butz, Senior Vice President and Chief Financial Officer, stated, "With extensive experience in both the capital markets and energy industry, Son has been a vital asset to our Company and has already provided key contributions in strategic planning and execution of our growth initiatives.

"John has been an integral part of our management team and has provided a wealth of knowledge and experience in the tax arena. John's extensive international tax planning expertise is a tremendous asset to the company as we continue to expand our international operations. It is with great pleasure that we announce these officer appointments and look forward to both Son and John's continued contributions to Hercules Offshore."

Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of 42 jackup rigs, 17 barge rigs, 63 liftboats, two submersible rigs, and one platform rig. The Company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in several key shallow water provinces around the world. Hercules Offshore currently holds 28.0% of share capital in Discovery Offshore, a pure play, ultra-high specification jackup rig company. For more information, please visit our website at http://www.herculesoffshore.com.

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Here is the original post:
Hercules Offshore Appoints Son Vann and John Wasmuth

Hercules Offshore, Inc. announced the appointment of Son P. Vann to Vice President Investor Relations and Planning and John F. Wasmuth to Vice President Tax.

Mr. Vann joined the Company in June 2010 as the Director, Investor Relations and Finance. Prior to joining Hercules Offshore, he served in various financial roles in the investment banking industry at Jefferies & Company, Solomon Smith Barney and UBS. Mr. Vann holds a Bachelor of Business Administration in Finance from the University of Texas at Austin and is CFA Charterholder.

Mr. Wasmuth has served as our Director of Tax since he joined the Company in August 2010. His extensive experience in the oil and gas industry includes positions with Repsol Services Company, Cameron International and Shell Oil Company. Mr. Wasmuth holds a Bachelor of Business Administration in Accounting from the University of Texas at Austin and is a Certified Public Accountant (CPA).

Stephen M. Butz, Senior Vice President and Chief Financial Officer, stated, "With extensive experience in both the capital markets and energy industry, Son has been a vital asset to our Company and has already provided key contributions in strategic planning and execution of our growth initiatives.

"John has been an integral part of our management team and has provided a wealth of knowledge and experience in the tax arena. John's extensive international tax planning expertise is a tremendous asset to the company as we continue to expand our international operations. It is with great pleasure that we announce these officer appointments and look forward to both Son and John's continued contributions to Hercules Offshore."

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See original here:
Hercules Offshore Welcomes New VPs

Reference is made to the notification sent on 1 March 2012 regarding a potential new bond issue by BW Offshore Limited. A NOK 500 million senior unsecured bond issue with expected maturity date on 15 March 2017 has successfully been completed. Settlement date is expected to be 15 March 2012.

The proceeds will be used for general corporate purposes.

An application will be made for the bonds to be listed on Oslo Brs.

DNB Markets, Nordea Markets, Pareto Securities and SEB Merchant Banking acted as joint lead managers of the bond issue.

For further information, please contact:

Knut R. Sthre, CFO, +47 9111 7876

Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. With the acquisition of Prosafe Production in 2010, the company has become the world`s second largest contractor with a fleet of 14 FPSOsand 2 FSOs represented in all major oil regions world-wide. BW Offshore has an excellent track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In30 years of production, BW Offshore has successfully executed more than 30 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on http://www.bwoffshore.com

The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Read more:
BW Offshore: Successful placement of bond

HOUSTON, March 2, 2012 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO - News) announced the appointment of Son P. Vann to Vice President Investor Relations and Planning and John F. Wasmuth to Vice President Tax.

Mr. Vann joined the Company in June 2010 as the Director, Investor Relations and Finance. Prior to joining Hercules Offshore, he served in various financial roles in the investment banking industry at Jefferies & Company, Solomon Smith Barney and UBS. Mr. Vann holds a Bachelor of Business Administration in Finance from the University of Texas at Austin and is CFA Charterholder.

Mr. Wasmuth has served as our Director of Tax since he joined the Company in August 2010. His extensive experience in the oil and gas industry includes positions with Repsol Services Company, Cameron International and Shell Oil Company. Mr. Wasmuth holds a Bachelor of Business Administration in Accounting from the University of Texas at Austin and is a Certified Public Accountant (CPA).

Stephen M. Butz, Senior Vice President and Chief Financial Officer, stated, "With extensive experience in both the capital markets and energy industry, Son has been a vital asset to our Company and has already provided key contributions in strategic planning and execution of our growth initiatives.

"John has been an integral part of our management team and has provided a wealth of knowledge and experience in the tax arena. John's extensive international tax planning expertise is a tremendous asset to the company as we continue to expand our international operations. It is with great pleasure that we announce these officer appointments and look forward to both Son and John's continued contributions to Hercules Offshore."

Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of 42 jackup rigs, 17 barge rigs, 63 liftboats, two submersible rigs, and one platform rig. The Company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in several key shallow water provinces around the world. Hercules Offshore currently holds 28.0% of share capital in Discovery Offshore, a pure play, ultra-high specification jackup rig company. For more information, please visit our website at http://www.herculesoffshore.com.

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Hercules Offshore Announces Officer Appointments

Mar 02, 2012 - 05:30 PM EST AAPL: 545.18 (+0.71, +0.13%) | NASDAQ: 2976.19 (-12.78, -0.43%)

Friday, March 2, 2012 10:33 am 29 Comments

For months, Apples point man, Eddie Cue, has been leading talks with content providers, which have largely balked at the tech giants efforts to exert control over all aspects of the video service, including pricing, sources said, Atkinson reports. Apples negotiating stance can be summed up as we decide the price, we decide what content, according to one source familiar with the talks.

Apple is pitching the idea of offering channels as apps for its devices, including its Apple TV set-top box. Its unclear whether it would group the apps together and charge a fee similar to a cable-TV subscription or offer the channels on an a la carte basis, Atkinson reports. Apple hasnt given up, however, and is said to be pursuing deals with telecom companies such as Verizon and AT&T. It hopes to get traction with a single player in hopes of pulling the rest of them along. While Apple is also rumored to be working on its own actual TV set, sources believe its first priority is to bring a TV service to the market.

Read more in the full article here.

MacDailyNews Take:

Content producers should get to work then on producing their own apps Well make a folder of them on our iOS devices and itll look and act just like the channel lineup in the cable companies iPad apps. MacDailyNews Take, April 11, 2011

[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]

Read more:
Apple pushes ahead with plans to launch streaming TV service despite balky content providers