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Rigdon Marine Christens First 4000 Class PSV

Maritime Activity Reports, Inc.

June 29, 2007

Rigdon Marine Corporation (RMC) announced two recent milestones in its Rigdon 4000 Class platform support vessel (PVS) construction program. On June 22, 2007, Bobbie Bennett, wife of RMC’s first Captain and offshore employee, Roland Bennett, christened the First and Ten at Bollinger Shipyards in Lockport, La. In attendance were Chris Bollinger and Ben Bordelon, senior executives in charge of Bollinger’s New Construction and Repair divisions respectively, Larry and Jan Rigdon, and a large representation of RMC shorebase and offshore teams, along with many of their spouses.

On Thursday, June 7, 2007, the company’s second Rigdon 4000 Class platform support vessel (PVS) was launched by Bollinger Shipyards in Lockport, Louisiana. The Double Eagle like its sister vessels, is a 190 x 46 x 18 ft., diesel electric, DP-2 PSV, which features a capacity of 4,000 barrels of liquid mud in an oval, self cleaning, segregated tank system. The PSV will also include three x Z-Drives and two x large forward tunnel thrusters. The Rigdon 4000 Class PSVs are capable of serving a wide array of marine applications in all water depths.

The First and Ten is scheduled to deliver in late July 2007, and the Double Eagle is expected to enter service in late September 2007. The remaining eight Rigdon 4000 class PSVs will be delivered in approximate 45 day intervals during 2007 and through the third quarter of 2008.

LNG

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