HOUSTON, Dec. 12 /PRNewswire-FirstCall/ -- Helix Energy Solutions
(NYSE: HLX) announced today that its board of directors has elected William
(Bill) E. Morrice, Brent Shinall, Troy Matherne and Stephen Rogers as
officers of the company.
William (Bill) E. Morrice was promoted to Vice President -- Global Well
Operations. Mr. Morrice joined Helix as General Manager of Well Ops UK in
2002 and has a Bachelor of Science degree from the Robert Gordon's
University in Aberdeen and Postgraduate qualifications in Offshore
Engineering and Project Management. Mr. Morrice is based in Aberdeen,
Scotland.
Troy Matherne joined Helix in October 2006 and was promoted to Vice
President -- Information Technology. He joined Helix from Dresser, Inc.
where he was most recently Vice President and Chief Information Officer.
Prior to that, Troy led the strategic marketing function for Baroid, a
business unit of Halliburton. Troy's background also includes serving as
Controller for Auchan, USA, running division operations, and leading a
procurement organization. Troy received an MBA from Rice University and has
a B.S. in Economics from the University of Houston.
Brent Shinall joined Helix in November 2006 to head the company's newly
formed Global Supply Chain department, and has been elected as Vice
President --Supply Chain Management. Prior to joining Helix, Mr. Shinall
worked for Royal Caribbean Cruises as Director of Technical Purchasing
responsible for the supply chain management for Royal Caribbean and
Celebrity Cruise Lines' fleet of 30 cruise ships. Mr. Shinall also worked
as Managing Director of Aircraft Programs Purchasing for American Airlines
and has a B.S. in Industrial Engineering from Louisiana Tech University and
a Master of Science in Management degree from the University of Alabama,
Huntsville.
Stephen Rogers joined Helix in May of this year responsible for
Business Development in the Eastern Hemisphere, and was recently promoted
to Vice President -- International Business Development. Mr. Rogers is
based in Singapore. Stephen joined Helix from Halliburton where he filled
various managerial positions for KBR, Subsea 7, Halliburton Energy Services
Group and Brown & Root Energy Services in the Asia Pacific Region. He has a
Bachelor of Commerce degree with Honors from the University of Western
Australia.
Bart Heijermans, Executive Vice President and Chief Operating Officer
of Helix commented, "The recent acquisition of a majority interest in Well
Ops SEA, formerly known as SEATRAC, and the announcement of a new-build
well intervention vessel to join our existing well intervention fleet
consisting of the MSV Seawell and the MSV Q4000, demonstrates our
commitment to strengthening our leadership position in the global well
operations market and the promotion of Bill Morrice to the Vice President
of Global Well Operations provides us with experienced managerial
leadership our customers deserve. The recent hiring of Brent Shinall and
Troy Matherne is evidence of our efforts to build a solid support platform
for our growth and our focus on cost effective and productive operations.
The addition of Stephen Rogers highlights our plans for the growth of our
service lines in the Australia and South East Asia regions."
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 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 Group, Inc.
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Related links:
http://www.HelixESG.com
CONTACT:
Wade Pursell, Chief Financial Officer of
Helix Energy Solutions Group, Inc., +1-281-618-0400, or fax,
+1-281-618-0505
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