Harvey Gulf Lease Property at Port of Fourchon

Harvey Gulf International Marine, Inc., has completed the leasing of property in the Port of Fourchon for the support of operations in the deep waters and the shelf of the U.S. Gulf of Mexico. Harvey Gulf plans to upgrade the existing property to support their fleet of offshore towing, supply and diving vessels with Dynamic Positioning Capability. This property will also be capable of supporting other operators in the U.S. Gulf of Mexico. These conversions will be completed by November 2006, and will enhance the company’s position as the industry leader. The modification of the property will initially include Seven (7) primary needs that the largest ocean going vessels will require: 1) 1500 Feet of Steel Bulkhead Water Front 2) Lift Crane, Cherry Pickers, Fork Lifts 3) Water Service 4) Secure Storage 24/7 5) Office Rental Space 6) Warehouse Rental 7) Logistics Services