Offshore staff

SINGAPORE -- Deep Sea Supply has entered into new charters with Petro-Canada Trinidad and Tobago Ltd. for the AHTS vessels, Sea Wolf and Sea Panther. The contract period is six to eight months and is expected to begin in October.

The vessels will go on hire directly from present charters with EOG Resources and will continue to operate in Trinidad and Tobago.

The contract value for the two vessels is estimated at $15-20 million.

5/31/2007