HOUSTON, Jan. 16 /PRNewswire-FirstCall/ -- Helix Energy Solutions
(NYSE: HLX) announced today that Mike McEvilly has joined Helix as its Vice
President of Capital Projects.
Mike McEvilly has over twenty-five years of project management
experience in the offshore oil & gas industry. He has been instrumental in
the success of many groundbreaking deepwater projects in the Gulf of
Mexico, like the Marco Polo Tension Leg Platform, the Independence Hub
Semi-Submersible and a large number of deepwater and ultra-deepwater
tie-back projects. Mike is a Professional Engineer and has a Master of
Science degree in Engineering Management and a Bachelor of Science degree
in Civil Engineering from the University of Missouri-Rolla.
In this new position Mike will lead Helix's Capital Projects department
and will be responsible for the successful execution of key projects, such
as the Phoenix field development using the first ship-shaped floating
production unit in the Gulf of Mexico, the conversion of the Caesar vessel
into a state- of-the-art S-Lay vessel, the construction of Helix's second
monohull well intervention vessel and the design of a new deepwater
drilling semi- submersible, the H4500.
Bart Heijermans, Executive Vice President and Chief Operating Officer
of Helix commented, "We are thrilled that Mike has decided to join our
company. His wealth of experience in deepwater projects will benefit both
our oil and gas projects and our marine projects. Mike will head up a
strong team of employees and consultants with experience in the design and
construction of drillships, deepwater platforms, floating production units,
construction and well intervention vessels. Helix has been successful in
attracting an excellent team of experienced and respected oil and gas
professionals who are working hard on the execution of our growth
projects."
Helix Energy Solutions, headquartered in Houston, Texas, is an energy
services company that provides innovative solutions to the oil and gas
industry worldwide for marginal field development, alternative development
plans, field life extension and abandonment, with service lines including
diving services, shelf and deepwater construction, robotics, well
operations, well engineering and subsurface consulting services, platform
ownership and oil and gas exploration and production.
FORWARD-LOOKING STATEMENTS
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; future production volumes, results of exploration,
exploitation, development, acquisition and operations expenditures, and
prospective reserve levels of property or wells; 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, geologic risks and other
risks described from time to time in our reports filed with the Securities
and Exchange Commission ("SEC"), including the Company's Annual Report on
Form 10-K for the year ending December 31, 2005 and subsequent quarterly
reports on Form 10-Q. We assume no obligation and do not intend to update
these forward-looking statements.
SOURCE Helix Energy Solutions
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Related links: http://www.HelixESG.com
CONTACT: Wade Pursell, Chief Financial Officer of Helix Energy Solutions, +1-281-618-0400, or fax, +1-281-618-0505
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