Rubicon to complete Galoc FPSO reconnection

Rubicon Offshore, owner and operator of the Galoc field FPSO, has taken an underwater survey of the M&RS in advance of picking up and reconnection of the system.

Dec 29th, 2008

Offshore staff

PERTH, Australia -- Rubicon Offshore, owner and operator of the Galoc field FPSO, has taken an underwater survey of the M&RS in advance of picking up and reconnection of the system.

The survey shows that one component is partially detached and needs to be reinstated prior to operation. Rubicon is preparing itsRubicon Maverick, presently in Singapore, to mobilize to the Galoc field to undertake this reinstatement. The vessel is expected to begin remediation in early January 2009, and production is anticipated to resume before the end of January, subject to weather.

12/29/2008

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