Hornbeck Offshore

Hornbeck on Latest Drilling Moratorium

Hornbeck Offshore Services, Inc. (NYSE:HOS) is reviewing the Secretary of the Interior’s latest offshore drilling moratorium and has substantial concerns about its consistency with the June 22, 2010 order by U.S. District Judge Martin Feldman. Judge Feldman ruled in favor of Hornbeck Offshore’s action to block a six-month federal moratorium on deepwater drilling in the Gulf of Mexico. Subsequent challenges to the judge’s order by the federal government were denied, including last week’s ruling by the Fifth U.S. Circuit Court of Appeals.

HOS Reports No Adverse Impact From Storms

Hornbeck Offshore Services, Inc. announced that it has experienced no lost revenue or damage to its vessels related to Hurricane Ivan that swept through the Gulf of Mexico or Tropical Storm Jeanne that passed through St. Croix and Puerto Rico last week. Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, new generation offshore supply vessels primarily in the U.S. Gulf of Mexico and select international markets

Hornbeck Offshore Presents

Hornbeck Offshore Services, Inc. (NYSE:HOS) announced that Todd M. Hornbeck, Chairman, President and Chief Executive Officer, and James O. Harp, Jr., Executive Vice President and Chief Financial Officer, will be participating in the Bank of America 2008 Energy Conference being held November 13-14, 2008 in Key Biscayne, Florida. The Company's presentation at the conference will be webcast live with an accompanying slideshow on Thursday, November 13, 2008 at 1:50 p.m. Eastern Time

Hornbeck-Leevac Announces Expansion Of OSV Fleet

Hornbeck-Leevac Marine Services, Inc. has announced that its wholly owned subsidiary, Hornbeck Offshore Services, Inc., has begun a new vessel construction program to significantly increase the size of its seven-vessel, state-of-the-art offshore supply vessel (OSV) fleet. A contract has been signed with Leevac Shipyards to immediately begin construction of two ultra deepwater vessels with four to follow. The first vessel is expected to be delivered in February 2001

Hornbeck Offshore Delivers HOS Innovator

Hornbeck Offshore Services Inc. of Mandeville La. delivered its first Classed DP II PSV, HOS Innovator, for service. Leevac Industries of Jennings, La. constructed the vessel to Hornbeck's design. Upon delivery, the vessel began a three-year charter with Sonsub Inc. of Houston, Texas as a multi functional ROV Support Vessel. Measuring 240 x 54 x 18 ft. (73.1 x 16.4 x 5.4 m), this vessel is the first of six DP II classed vessels to be delivered to Hornbeck Offshore during the next eight

Hornbeck Offshore Closes on Sale of $225,000,000 of 6.125% Senior Notes due 2014

Hornbeck Offshore Services, Inc. announced that it closed the sale of $225,000,000 aggregate principal amount of 6.125% Senior Notes due 2014 (CUSIP Nos. 440543 AA 4 and U44070 AA 5) ("New Notes") in a private placement. The New Notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or available exemption from such registration requirements.

Hornbeck Offshore Completes Exchange Offer of 6.125% Senior Notes

Hornbeck Offshore Services, Inc. (NYSE: HOS) has completed its offer to exchange $225,000,000 aggregate principal amount of its outstanding 6.125% Series A Senior Notes due 2014 (CUSIPs 440543 AA 4 and U44070 AA 5) (collectively, the "Old Notes"), which were sold in accordance with Rule 144A or Regulation S under the Securities Act of 1933 (the "Act") for an equal aggregate principal amount of its 6.125% Series B Senior Notes due 2014 (CUSIP 440543 AB 2) (the "New Notes")

Leica Supplies Offshore Fleet

Leica has delivered eight MX 480 of its professional chart navigators for the fleet of offshore supply vessels operated by Hornbeck Offshore, Mandeville, La. The equipment was sold and installed by Leica dealer Frank L. Beier Radio Company of New Orleans. Each of the systems includes dual Leica MX 412B DGPS navigation receivers linked to a ruggedized PC-based chart plotter. Complete with built-in differential beacon receivers

Eight Vessel Order Signals Good Times are Back in GOM?

Hornbeck-Leevac Marine Services, Inc. announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. This is the company's third such program since its inception five years ago - the first two were seven and six vessel programs, respectively. The current plan is to build eight additional state-of-the-art, deepwater OSVs, with construction of four 240-ft

Leevac Stays Ahead of the Game

While it would be foolhardy to classify Leevac as a cutting-edge ship and boatbuilder, the Jennings, La.-based company quietly goes about its business of building high quality vessels in an efficient manner. Unassuming president Fred Stokes sits at the helm of the company that has weathered markets good and bad, and watched as competitors and colleagues have been oftentimes swept overboard by financial maelstroms.