Ranger Offshore, Inc. Adds DP‐2 Vessel To Its Fleet

 

 Houston, TX, August 5, 2013 ‐Ranger Offshore, Inc., a portfolio company of SunTx Capital Partners, is pleased to announce the addition of the DSV Lewek Toucan to its best in class fleet of vessels.

The Lewek Toucan, built in 2006, is a 290’ DP‐2 multipurpose offshore support vessel with a 120 ton active heave compensated crane, moon pool, helideck, 1,000 ton cargo deck, and accommodations for 100 personnel. It has arrived in Galveston, Texas, and will be outfitted with Ranger’s Hoss I 1,000’ DNV class 12‐man saturation diving system with a self‐launching hyperbaric rescue chamber. The Lewek Toucan will operate in accordance with Ranger’s ISO 9001, ISO 14001, OHSAS 18001, and ISO/TS 29001 commitment to safety and quality workmanship each and every time.

Ranger’s CEO Bill Lam commented, “The addition of the Toucan represents another step forward in Ranger’s continued strategic growth plan to grow and better serve our customers, in the Gulf of Mexico and in select international markets. We are excited about Ranger’s ability to now offer expanded and diverse solutions to meet our clients’ needs.”

Ranger Offshore has entered into a long term agreement with EMAS and will utilize the Lewek Toucan to provide subsea construction support in the Gulf of Mexico. The vessel is currently contracted to perform multiple 36" pipeline tie-ins at various depths of water beginning August 2013.

 

Dp 2 Vessel To Fleet

 

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., the Gulf of Mexico and select international markets. Headquartered in Houston, Texas, Ranger further supports operations from facilities in New Iberia, Louisiana and Lafayette, Louisiana, in addition to new offices in Ciudad del Carmen, Mexico. Ranger Offshore, Inc. is a portfolio company of SunTx Capital Partners

About SunTx Capital Partners

SunTx Capital Partners, LP, is a Dallas‐based private equity firm that invests in middle market manufacturing, distribution and service companies. SunTx specializes in supporting talented management teams in industries where SunTx can apply is operational experience and financial expertise to build leading middle‐market companies with operations typically in the Sun Belt region of the United States. SunTx was founded in 2001 and currently has over $600 million of assets under management. The capital committed by SunTx comes from the principals of SunTx as well as from institutional investors, including leading university endowments and corporate and public pension funds. More information about SunTx can be found at www.suntx.com.

 

Media Contact for SunTx Capital Partners:

Daniel Yunger

Kekst and Company

212‐521‐4800

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