241
January 15, 2004

Golden Meadow Louisiana Company Orders OSV

L & M Bo-Truc Rental of Golden Meadow Louisiana have placed an order with Bollinger Shipyards for two off-shore supply vessels. In the half century since Minor Cheramie founded the company it has grown to be one of the largest privately held supply boat companies with 16 vessels from 166 to 235 feet operating in the Gulf of Mexico.

Now operated by the second generation of the Cheramie family, the firm’s capabilities will be significantly enhanced by the new vessels. At 191 feet in length with a 46-foot beam the vessels will have a molded depth of 15 feet. Each vessel will have a pair of Cummins KTA50 main engines rated for 1600 HP continuous duty at 1800 RPM. Gears will turn an 84x67-inch propeller through a Twin Disc MG 56 Series 6.4:1. Each boat’s Cummins power package includes two 6CTA8 3G 165Kw generator sets, one KTA19, 640 HP bow thruster engine, two N14, 440 HP mud pumps and a single 6BT, 76 Kw emergency generator set.

The boats, designed by Bollinger Lockport and L&M Botruc will each have capacities for 2520 barrels of liquid mud and 4800 cubic feet of bulk material. They will also carry 125,000 gallons of fuel, 255,000 gallons of water and 1,400 gallons of lube oil. Their cargo decks will take loads to 900 long tons. In addition to a 6-person crew, the vessel will accommodate 12 passengers.

The first engines will deliver to the shipyard in February 2004. The first OSVs, to be named Cheramie Botruc#38, is scheduled for delivery to the owners in August of 2004 with the second, Cheramie Botruc#39, to follow in two months. The DP1 and SOLAS certified vessels will be assigned to the supply and service of drilling rigs across the Gulf of Mexico.

For further information please contact:

Mike Curole or Jacob Pitre
L & M Bo-Truc Rental Inc
18692 W Main St Galliano, LA
70354 3908
Phone: 985 475 5733
E-Mail: jacobp@botruc.com
URL: http://www.botruc.com

Joe Gregory
Territory Sales Manager
Cummins Mid-South
110 E.Airline Highway
Kenner, LA 70062
Phone: 504 468 3535
Mobile: 985 397 2252
Fax: 504 465 3408
E-Mail: joe.gregory@cummins.com

500-476, 475-451, 450-426, 425-401, 400-376
375-351, 350-326, 325-301, 300-276, 275-251, 250-226, 225-201
200-176, 175-151, 150-126, 125-101, 100-76, 75-51, 50-26, 25-0