Cal Dive International Reports No Significant Damage
01 Settembre 2005 - 9:45PM
PR Newswire (US)
HOUSTON, Sept. 1 /PRNewswire-FirstCall/ -- Cal Dive International,
Inc. (NASDAQ:CDIS) announced today that preliminary reports
revealed no significant damage from Hurricane Katrina to its Marine
Contracting assets and offshore production facilities. With respect
to oil and gas production, virtually all wells were shut-in during
the hurricane and certain wells remain shut-in while pipeline and
refinery owners complete their inspections. Martin Ferron,
President, stated, "Our top priority was to ensure the safety of
everyone aboard our production facilities, vessels and shore base
facilities, and we're grateful that our personnel were able to
secure and safely evacuate. We remain deeply concerned for the
well-being of our off duty personnel and for the families and
friends of our co-workers adversely affected by the hurricane." Cal
Dive International, Inc., headquartered in Houston, Texas, is an
energy service company which provides alternate solutions to the
oil and gas industry worldwide for marginal field development,
alternative development plans, field life extension and
abandonment, with service lines including marine diving services,
robotics, well operations, facilities ownership and oil and gas
production. This press release and attached presentation contain
forward-looking statements that involve risks, uncertainties and
assumptions that could cause our results to differ materially from
those expressed or implied by such forward-looking statements. All
statements, other than statements of historical fact, are
statements that could be deemed "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, including, without limitation, any projections of revenue,
gross margin, expenses, earnings or losses from operations, or
other financial items; any statements of the plans, strategies and
objectives of management for future operations; any statement
concerning developments, performance or industry rankings relating
to services; any statements regarding future economic conditions or
performance; any statements of expectation or belief; and any
statements of assumptions underlying any of the foregoing. The
risks, uncertainties and assumptions referred to above include the
performance of contracts by suppliers, customers and partners;
employee management issues; complexities of global political and
economic developments, and other risks described from time to time
in our reports filed with the Securities and Exchange Commission,
including the Company's Annual Report on Form 10-K for the year
ending December 31, 2004. We assume no obligation and do not intend
to update these forward-looking statements. DATASOURCE: Cal Dive
International, Inc. CONTACT: Wade Pursell, Chief Financial Officer
of Cal Dive International, Inc., +1-281-618-0400, or fax,
+1-281-618-0505 Web site: http://www.caldive.com/
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