Ranger Offshore, Inc. Acquires Second Saturation Diving System

Houston,
TX, 
Sept 
13, 
2010
­­ Ranger
 Offshore,
Inc.
today
 announced
 that
 it
 has
 acquired
 its
 second
 portable
 saturation
 diving
 system.
 This
 ABS
 class
 system
 is
 a
 200m‐ seawater
 depth
 rated,
 12‐ man
 sat‐ system,
 and
 includes
 a
 3‐ man
 diving
 bell,
 a
 launch
 and
 system,
 hyperbaric
 rescue
 chamber,
 stores,
 workshop,
 spares
 and
 control
 van. 
 The
 portable
 saturation
 diving
 system
 is
 currently
 in
 transit
 to
 the
 Gulf
 of
 Mexico
 and
 is
 expected
 to
 be
 ready
 for
 deployment
 during
 the
 fourth
 quarter
 of
 this
 year. 

Bill
 Lam,
 President
 and
 CEO,
 said,
“ We
 are
 pleased
 to
 announce
 the
 addition
 of
 this
 new
 saturation
 diving
 system
 to
 our
 portfolio
 of
 client
 offerings
 and
 services. 
 This
 acquisition
 further
 demonstrates
 Ranger’s
 commitment
 to
 deploy
 capital
 strategically
 as
 part
 of
 our
 expansion
 into
 a
 more
 integrated
 full‐ service
 marine
 contractor
 operating
 within
 the
 Gulf
 of
 Mexico
 and
 in
 selected
 international
 markets
 and
 well‐ positioned
 to
 meet
 the
 needs
 of
 our
 clients.”

About
 Ranger
 Offshore,
 Inc.

Ranger
 Offshore,
 Inc.
 provides
 sub‐ sea
 marine
 construction
 services
 support
 for
 the
 offshore
 oil
 and
 gas 
energy
industries
 primarily
 in
 the
 U. S.
 and
 in
 the
 Gulf
 of
 Mexico.

Headquartered
 in
 Houston,
 TX,
 Ranger
 supports
 field
 operations
 from
 its
 base
 in
 New
 Iberia,
LA. 
Ranger 
Offshore, Inc.
is
 a
 portfolio
 company
 of
 SunTx
 Capital
 Partners.

“ Ranger
 Offshore
–
 Safely
 doing
 it
 right,  the
 first
 time,
 on
 time,
 every
 time.”

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