Anglo-Suisse Offshore Partners to Receive MMS Award for Safety Excellence

Anglo-Suisse Offshore Partners (ASOP) has been notified by the U.S. government's Mineral Management Service (MMS) that the company will receive the 2005 District Safety Award for Excellence in the New Orleans District at agency's annual MMS Industry Awards Program this coming April in Houston.

ASOP, founded in 2004 by a group of experienced industry executives and investors, operates or has interests in six fields in the Outer Continental Shelf offshore Louisiana.

According to the MMS, the annual "SAFE" awards recognize "companies that expend extra effort and conduct their operations in a safe manner, adhering to all regulatory requirements, employing trained and motivated personnel and taking extra steps to enhance the safety of operations." ASOP is recipient of the top SAFE award in the Moderate category which is reserved primarily for independent producers, versus the High Activity section for large, integrated companies.

"This honor means a great deal to ASOP's entire team of employees and contractors," said CEO John Sherwood. "We are committed to maintaining the highest safety and environmental standards in all of our operations because it is the right thing to do."

Tom Fiorito, SVP of Exploration and Production at ASOP, added, "Winning the SAFE award this year is particularly gratifying given the challenges those of us who operate in the New Orleans District faced following Hurricane Katrina. We appreciate the MMS' ongoing support of the industry's recovery efforts in the Gulf of Mexico."

Anglo-Suisse Offshore Partners is a privately-held, independent oil and gas company headquartered in Houston. The company owns operated and non-operated, producing and exploration acreage in the Outer Continental Shelf waters of the Gulf of Mexico. ASOP also owns Anglo-Suisse Offshore Pipeline Partners (ASOPP), which operates oil and gas pipelines and onshore processing facilities. ASOP focuses on acquisition of producing properties and deployment of the latest in engineering and geoscience techniques to optimize the production and recovery of oil and gas.