HOUSTON, Aug. 24 /PRNewswire-FirstCall/ -- Cal Dive International, Inc.
(Nasdaq: CDIS) announced today that Mr. Bart H. Heijermans will become
Executive Vice President and Chief Operating Officer in early September. In
this position he will be responsible for the overall management of the
Production Facilities, Well Operations and Deepwater Contracting business
units.
Mr. Heijermans holds a Master of Science degree in Civil and Structural
Engineering from the University of Delft, the Netherlands, is a graduate of
the Harvard Business School, executive program and has over fifteen years of
varied experience in the oilfield sector. For the last eight years he has
occupied senior management positions and most recently was the Senior Vice
President - Offshore and Gas Storage for a leading North American provider of
midstream energy services.
"We are delighted that Bart Heijermans will soon join our executive
management team," said Martin Ferron, President of Cal Dive. "He has a very
impressive track record in both the deal-making and execution aspects of
several significant and innovative offshore field development projects, e.g.
Marco Polo, Cameron Highway and Independence Hub. He will, therefore, play a
key role in the future of Cal Dive as we continue to position the company to
acquire and exploit marginal hydrocarbon reservoirs."
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.
SOURCE Cal Dive International, Inc.
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Related links: http://www.caldive.com
CONTACT: Wade Pursell, Chief Financial Officer of Cal Dive International, Inc., +1-281-618-0400, or fax, +1-281-618-0505
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