Seacor swoops on Superior Energy liftboat fleet

seacorstackSeacor Marine LLC, a subsidiary of Seacor Holdings Inc. (NYSE: CKH), has reached an agreement with Superior Energy Services LLC. to purchase 18 liftboats for $134 million, plus working capital. The transaction is expected to close by the end of March 2012, subject to regulatory approvals. All of the liftboats are currently located in the U.S. Gulf of Mexico.

Based on data on the Seacor Marine and Superior Energy Services web sites, the purchase appears to take Seacor Marine into the liftboat market for the first time and looks to include all of the vessels in the Superior Energy liftboat fleet

February 23, 2012

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