X0202 3 2005-10-26 0 0001330849 Hercules Offshore, L.L.C. HERO 0001342051 Reed Randal R 11 GREENWAY PLAZA, SUITE 2950 HOUSTON TX 77046 0 1 0 0 President Hercules Liftboat Co Option to purchase membership interests 1000.00 2005-11-01 2014-11-17 Membership Interests 300 D The option will become immediately exerciseable for the purchase of 105,000 shares of common stock of Hercules Offshore, Inc. at an exercise price of $2.86 per share upon the occurrence of an IPO as that term is defined in the Hercules Offshore 2004 Long-Term Incentive Plan. Exhibit List Exhibit 24 Power of Attorney /s/ Steven A. Manz, attorney-in-fact 2005-10-26