Hornbeck Reports No Damage After Gustav

Wednesday, September 03, 2008

Hornbeck Offshore Services announced that, based on first reports from the field, it has experienced no damage to any of its vessels as a result of Hurricane Gustav, including those currently under construction in Gulf of Mexico (GoM) shipyards. The Company's new generation offshore supply vessel fleet continues to operate at pre-storm levels of 100 percent utilization. The Company remains in position to assist its GoM customers as they begin to assess storm damage and commence their recovery and repair efforts.

Preliminary assessments indicate that no damage has occurred to the company's corporate headquarters in The company has not been able to assess conditions at its facility located in Port Fourchon; however, preliminary reports are that the Port Fourchon area has sustained minor damage and the port authority will begin minimal operations in the next couple of days.


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