HOUSTON, Aug. 24 /PRNewswire-FirstCall/ -- Cal Dive International, Inc. (Nasdaq: CDIS) announced today that Mr. Bart H. Heijermans will become Executive Vice President and Chief Operating Officer in early September. In this position he will be responsible for the overall management of the Production Facilities, Well Operations and Deepwater Contracting business units.
Mr. Heijermans holds a Master of Science degree in Civil and Structural Engineering from the University of Delft, the Netherlands, is a graduate of the Harvard Business School, executive program and has over fifteen years of varied experience in the oilfield sector. For the last eight years he has occupied senior management positions and most recently was the Senior Vice President - Offshore and Gas Storage for a leading North American provider of midstream energy services.
"We are delighted that Bart Heijermans will soon join our executive management team," said Martin Ferron, President of Cal Dive. "He has a very impressive track record in both the deal-making and execution aspects of several significant and innovative offshore field development projects, e.g. Marco Polo, Cameron Highway and Independence Hub. He will, therefore, play a key role in the future of Cal Dive as we continue to position the company to acquire and exploit marginal hydrocarbon reservoirs."
Cal Dive International, Inc., headquartered in Houston, Texas, is an energy service company which provides alternate solutions to the oil and gas industry worldwide for marginal field development, alternative development plans, field life extension and abandonment, with service lines including marine diving services, robotics, well operations, facilities ownership and oil and gas production.
This press release and attached presentation contain forward-looking statements that involve risks, uncertainties and assumptions that could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, any projections of revenue, gross margin, expenses, earnings or losses from operations, or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statement concerning developments, performance or industry rankings relating to services; any statements regarding future economic conditions or performance; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include the performance of contracts by suppliers, customers and partners; employee management issues; complexities of global political and economic developments, and other risks described from time to time in our reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ending December 31, 2004. We assume no obligation and do not intend to update these forward-looking statements.
SOURCE Cal Dive International, Inc.
CONTACT: Wade Pursell, Chief Financial Officer of Cal Dive International, Inc., +1-281-618-0400, or fax, +1-281-618-0505