Geoffrey M. Hertel, President and Chief Executive Officer, stated, "TETRA will utilize a leased dynamically-positioned ship as the primary platform for this work. It is anticipated that the vessel will be on location in late June and that work will progress into 2007. This will constitute TETRA's fifth 'spread' of equipment and personnel that will be working on destroyed platforms or performing routine well abandonment and decommissioning in the Gulf of Mexico," concluded Hertel.
TETRA is an oil and gas services company, including an integrated calcium chloride and brominated products manufacturing operation that supplies feedstocks to energy markets, as well as other markets.
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