HOUSTON--(BUSINESS WIRE)--Oct. 27, 2015--
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that the Q5000
entered service last week and is currently on hire for a client in the
Gulf of Mexico.
Owen Kratz, President and Chief Executive Officer of Helix, stated, “The
successful deployment of the Q5000 is the culmination of a three
year effort on the part of our organization to launch a second
semi-submersible purpose-built well intervention asset after the Q4000.
We are pleased that we are able to put the vessel into service in
advance of the long-term contract that commences next April for BP. The
vessel is contracted with another client after the current short term
project is completed and we are seeking additional opportunities to put
the Q5000 to work in advance of its long-term commitment.”
About Helix
Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is
an international offshore energy services company that provides
specialty services to the offshore energy industry, with a focus on well
intervention and robotics operations. For more information about Helix,
please visit our website at www.HelixESG.com.
Forward-Looking Statements
This press release contains 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 'forward-looking statements' within the meaning of
the Private Securities Litigation Reform Act of 1995, including, without
limitation, any statements regarding our strategy; any statements
regarding future utilization; any projections of financial items; future
operations expenditures; any statements regarding the plans, strategies
and objectives of management for future operations; any statement
concerning developments; 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
forward-looking statements are subject to a number of known and unknown
risks, uncertainties and other factors including but not limited to the
performance of contracts by suppliers, customers and partners; actions
by governmental and regulatory authorities; operating hazards and
delays; our ultimate ability to realize current backlog; employee
management issues; complexities of global political and economic
developments; geologic risks; volatility of oil and gas prices and other
risks described from time to time in our reports filed with the
Securities and Exchange Commission ('SEC'), including the Company's most
recently filed Annual Report on Form 10-K and in the Company’s other
filings with the SEC, which are available free of charge on the SEC’s
website at www.sec.gov.
We assume no obligation and do not intend to update these
forward-looking statements except as required by the securities laws.
Social Media
From time to time we provide information about Helix on Twitter (@Helix_ESG)
and LinkedIn (www.linkedin.com/company/helix-energy-solutions-group).
View source version on businesswire.com: http://www.businesswire.com/news/home/20151027006881/en/
Source: Helix Energy Solutions Group, Inc.
Helix Energy Solutions Group, Inc.
Erik Staffeldt, 281-618-0400
VP
– Finance & Accounting