Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that, on August 8, 2007, it completed its previously announced acquisition of 20 offshore supply vessels (‘OSVs’) and their related business (the ‘Sea Mar Fleet’) from certain affiliates of Nabors Industries Ltd. (NYSE: NBR) (‘Nabors’) for cash consideration of $186.0 million, plus the cost of the fuel inventory on such vessels. The Sea Mar Fleet is comprised of ten 200 class DP-1 new generation OSVs and ten conventional OSVs.
Green Marine
about 19 years ago
Hornbeck Offshore Closes Sea Mar Fleet Acquisition
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that, on August 8, 2007, it completed its previously announced acquisition of 20 offshore supply vessels (‘OSVs’) and their related business (the ‘Sea Mar Fleet’) from certain affiliates of Nabors Industries Ltd. (NYSE: NBR) (‘Nabors’) for
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