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...Some of its equity investments in the energy sector, including US coal miner Contura Energy and offshore drilling services group Hornbeck, had already dropped about 90 per cent last year....
...Shares in two of Solus’s other equity investments, US coalminer Contura Energy and offshore drilling services firm Hornbeck, have fallen around 90 per cent over the past year....
...That is why, when an area wins a new manufacturing plant, the productivity of local rivals rises by 12 per cent over the next five years, according to estimates by Michael Greenstone, Richard Hornbeck and...
...Shares in two of Solus’s other equity investments, US coalminer Contura Energy and offshore drilling services group Hornbeck, both dropped about 90 per cent last year....
...The hedge fund is the third-largest shareholder in Hornbeck Offshore, whose shares have fallen by more than 85 per cent this year....
...Also named were four retired navy captains: David Newland, 60, the former chief of staff to the commander of the Seventh Fleet; Donald Hornbeck, 56, an operations officer aboard the aircraft carrier USS...
...Louisiana-based Hornbeck Offshore Services and more than a dozen other offshore drilling companies had filed a lawsuit to reverse the moratorium, which put drilling at 33 exploratory wells in the Gulf of...
...However, he also rejected a request from the drilling companies, led by Hornbeck, who initially challenged the moratorium....
...Elsewhere in the sector, Hornbeck Offshore Services fell 9.5 per cent to $18.31. The provider of marine transportation to the offshore oil and gas industry gave a disappointing forecast for 2010....
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