Hornbeck-Leevac Takes Delivery of the BJ Blue Ray Supply Vessel

Hornbeck-Leevac Marine Services, Inc. has taken delivery of its first 265-ft. class deepwater offshore supply vessel, the BJ Blue Ray, which immediately commenced service under a 5-year time charter with BJ Services Company to support well stimulation services, primarily in the Gulf of Mexico. The Company has three additional 265-ft. class offshore supply vessels under construction for delivery in 2002.

Todd Hornbeck, the Company's President & COO, commented, "The BJ Blue Ray is our second vessel to be certified Dynamic Positioning Class II by the American Bureau of Shipping and the first U.S.-flagged OSV ever to be given a special Well Stimulation certificate by the ABS. We believe that our in-house engineering staff and the staff of our customer, BJ Services, have truly `raised the bar.' To quote BJ Services: `The BJ Blue Ray is the newest, most sophisticated stimulation vessel in the world.' The vessel will primarily serve the deepwater Gulf of Mexico."