SeaTran Marine, LLC

FOR IMMEDIATE RELEASE: IBERIA MARINE, COMAR MARINE, AND TEXAS CREWBOATS ANNOUNCE THE FORMATION OF SEATRAN MARINE, LLC.

Iberia Marine Service, LLC, Comar Marine, LLC, and Texas Crewboats Inc., privately owned and family operated marine transportation companies operating in the Gulf of Mexico with over 135 years of combined experience in the industry, are pleased to announce a newly formed joint venture company, SeaTran Marine, LLC.

Leading SeaTran Marine will be its new CEO, Blake J. Miguez, who is also the President of Iberia
Marine Service. “We have always been and will continue to be a client driven company. Combining our resources in this unique manner will allow us to better serve our client’s needs. SeaTran will offer our clients all of the benefits of a small privately held company while having all of the resources of a large public company. Most importantly, we can offer our clients more flexibility and better customer service.”

Steve Miguez, CEO of Iberia Marine Service commented, “I am very excited about SeaTran and have
high expectations for the new management team that we put together. My son Blake has all of the
leadership qualities necessary to grow SeaTran into a premier offshore marine transportation provider that keeps pace with our ever changing industry.”

Glynn A. Haines, CEO of Comar Marine said, “Considerable thought, time, and effort has been put into structuring SeaTran to ensure that our clients will be provided the best possible products, service and support going forward. SeaTran is made up from the best people from all three of our companies and under Blake’s proven leadership, I am confident that SeaTran will provide a level of customer service that will be second to none.”

Captain Elliott Cundieff, CEO of Texas Crewboats remarked, “We are very pleased to be a part of
SeaTran. Each of our companies brings many years of experience to the table with this new joint venture. I believe this unification will help ensure that we will have the necessary resources to meet the new and emerging operational and regulatory needs required by our clients today and in the future.” Elliot’s son and Vice President of Texas Crewboats, Casey Cundieff, added, “SeaTran Marine is exactly the type of unification were looking for as an opportunity to continue the strong reputation that we built by providing our clients with quality offshore marine transportation.”

Going forward as SeaTran, the combined fleets will provide clients with multiple benefits. Customers will now enjoy complete and surplus coverage in all major ports in the Gulf of Mexico with a total of 27 vessels available for hire with an additional four new 205’ class DP2 vessels currently under construction. The first newbuild is scheduled for delivery as early as October 2014 followed by March 2015, July 2016, and November 2016 delivery dates. SeaTran Marine, will represent the largest Crew / Fast Supply Vessel fleet in operation in the U.S. Gulf of Mexico market. Our team can now offer for hire a wide variety of vessels ranging in length from 110ft to 205ft including but not limited to those with Dynamic Positioning (DP1 / DP2 capabilities), ABS class, U.S. Coast Guard certified, as well as vessels rated for emergency and standby operations. SeaTran Marine crews will be held to heightened safety standards under voluntary ISM compliance that includes all necessary training regiments for any Gulf of Mexico or future foreign operations. SeaTran Marine has strategically located it’s main operating facility on the central Gulf Coast in Amelia, Louisiana with additional dockside facilities in Freeport, Texas and New Iberia, Louisiana. SeaTran Marine also has sales offices and personnel strategically located across the Gulf Coast in Houston, Lafayette, and Houma. Clients will now receive a unified notice for all available Iberia Marine, Comar Marine, and Texas Crewboat vessels offering the ease of one point of contact, instead of three, to hire any needed vessel.

Iberia Marine, Comar Marine, and Texas Crewboats are marine transportation companies with long
histories of servicing the Gulf of Mexico’s offshore oil and gas industry. Now under SeaTran Marine they will continue to provide their customers with complete solutions to any requirements in the offshore marine transportation market. For additional information about SeaTran Marine please contact any of our sales team conveniently located throughout the Gulf coast:

Mitzi Alario (832) 746-3245
Ben Matthews (337) 552-5042
Greg Cornes (985) 981-7381

Iberia Marine Service www.iberiamarineservice.com
Comar Marine www.comarmarine.com
Texas Crewboats www.texascrewboats.com

Visit www.seatranmarine.com for more information in the future!