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Diamond Offshore Drilling posts $26.75 million net loss for August
By Sarah Lizee
Olympia, Wash., Sept. 22 – Diamond Offshore Drilling Inc. reported a $26.75 million net loss for the period of Aug. 1 through Aug. 31 on $37.96 million in revenue, according a monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
The company listed $435.72 million in cash as of Aug. 31.
The offshore oil and gas drilling contractor is based in Houston. The company filed bankruptcy on April 26 under Chapter 11 case number 20-32307.
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