Hornbeck Addresses Gas Discharge Incident

Hornbeck Offshore Services, Inc. announced that the gasoline discharge from one of its barges has been addressed and the barge is now en route from New Haven, CT to a repair facility in New York harbor. The discharge occurred early Saturday morning during terminal operations and appears to have resulted from a small puncture in the side of the vessel below the waterline. The company immediately activated its spill response procedures and cooperated fully with United States Coast Guard and state and local authorities. Due to the favorable wind and other weather conditions that existed this weekend, the discharge is believed to have substantially evaporated or otherwise dissipated. At this time, there is no evidence of harm to fish or wildlife. The company is continuing to investigate the cause of the damage to the vessel. The barge should be able to return to service within a few days. The company does not expect this incident to materially affect its financial condition or results of operations.