Hornbeck Offshore Services history

Harp worked extensively with marine-related oil service companies, including as our investment banker in connection with our private placement of common stock in November 2000.

Harp served as our Vice President and Chief Financial Officer beginning in January 2001.

Cook has also served as our Chief Information Officer since May 2002.

On March 25, 2004, HOS became a publicly traded company by successfully completing an initial public offering of six million shares of common stock at an issuance price $13 per share, resulting in total gross proceeds of $78 million.

Carl G. Annessa was appointed Executive Vice President in February 2005.

Cook was designated an executive officer and appointed a Vice President in February 2006.

The program was ultimately expanded to include nine 250EDF vessels, six 240ED vessels and added a one 290 class vessel, the HOS Coral, a newbuild contract inherited with the acquisition of the Sea Mar fleet in August of 2007.

The majority of proceeds were used to repurchase our outstanding 10.625% senior notes due 2008.

Samuel A. Giberga was appointed Executive Vice President in June 2011.

In October 2014, The HOS Riverbend, a 300 class OSV previously placed into service under OSV Newbuild #5, began conversion into a 300 class MPSV flotel.

On August 28, 2015, the Company completed the sale of the fourth and final 250EDF class vessel, the HOS Black Powder, to the United States Navy for cash consideration of $38 million.

In August 2016, the HOS Warland, the first HOSMAX 310ES class MPSV, was placed into service.

The full text of the First Lien Term Loan Agreement is included as an exhibit on our Form 8-K filed June 15, 2017.