X0202 4 2005-11-01 0001330849 HERCULES OFFSHORE, INC. HERO 0001342547 LR Hercules Holdings, LP 518 RIVERSIDE AVENUE WESTPORT CT 06880 0 0 1 0 0001342546 LR2 GP, L.P. C/O LIME ROCK MANAGEMENT 518 RIVERSIDE AVENUE WESTPORT CT 06880 0 0 1 0 0001342545 LR2 GP, LLC C/O LIME ROCK MANAGEMENT 518 RIVERSIDE AVENUE WESTPORT CT 06880 0 0 1 0 Membership Interests 2005-11-01 5 J 0 39322 D 0 D Common Stock, par value $0.01 per share 2005-11-01 5 J 0 13762700 A 13762700 D Common Stock, par value $0.01 per share 2005-11-01 4 S 0 2751863 20.00 D 11010837 D On November 1, 2005, upon the conversion of Hercules Offshore, LLC from a limited liability company to a corporation named Hercules Offshore, Inc. (the "Company") the membership interests held by the reporting person were converted into shares of common stock, par value $0.01 per share, of Hercules Offshore, Inc. (the "Common Stock") on the basis of 350 shares of Common Stock per membership interest. Each of these transactions is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to, without limitation, Rule 16b-7. LR2 GP, L.P. is the general partner of LR Hercules Holdings, LP. LR2 GP, LLC is the general partner of LR2 GP, L.P. /s/ Mark McCall 2005-11-03