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Superior Offshore International

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Superior Offshore International, Inc. was a leading provider of subsea construction and commercial diving services to the offshore oil and gas industry, serving operators in the outer continental shelf and deep waters of the U.S. Gulf of Mexico as well as offshore Mexico, Latin America, Africa and the Middle East. Construction services include installation, upgrading and decommissioning of pipelines and production infrastructure. Commercial diving services include inspection, maintenance and repair services and support services for subsea construction and salvage operations. The company also operates a construction/fabrication division. Superior Offshore operates a fleet of 11 service vessels and provides remotely operated vehicles (ROVs) and saturation diving systems for deep water and harsh environment operations.

Superior Offshore International was headquartered in Houston, Texas and employed approximately 665 offshore personnel at locations in North America, Africa and the Middle East.

Superior Offshore International, Inc. (Nasdaq: DEEP) announced on April 23, 2008 that it received a delisting notice from the Nasdaq's Listing Qualifications Department citing the Company's failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2007 (the "Form 10-K") in accordance with the filing requirements for continued listing set forth in Marketplace Rule 4310(c)(14). The notice indicates that the Company's common stock is subject to delisting from The Nasdaq Stock Market at the opening of business on April 28, 2008, unless the Company requests a hearing in accordance with the Nasdaq Marketplace Rules. The Company does not intend to request such a hearing.

After 25 years of service Superior Offshore International, Inc. filed for chapter 11 bankruptcy. See http://www.energycurrent.com/index.php?id=4&storyid=10187 for a little more info.

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