Ranger Remuda Acquires M/V Savannah River Four-Point Dive Support Vessel

Houston, TX, July 13, 2010- Ranger Offshore, Inc. today announced the completion by its subsidiary, Ranger Remuda, LLC, of the acquisition of the M/V Savannah River, a 200’ X 40’ X 13’ four‐point dive support vessel. The Savannah River is U.S. flagged, has an ABS load line, and is fully equipped for diving operations with a berthing capacity for up to 44 personnel. This acquisition allows Ranger to offer a wider array of services from a larger work platform.

Ranger Offshore, Inc. also announced that as part of its strategic expansion plan, it has relocated its corporate offices from the Woodlands, Texas to the West Houston energy corridor at 10370 Richmond Ave., Suite 1000, in the Granite One building inside Beltway 8.

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, Texas, Ranger supports field operations from its base in New Iberia, La. Ranger Offshore, Inc. is a portfolio company of SunTx Capital Partners.

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