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Northern Offshore Appoints New Senior Vice President

Gary W. Casswell, president and CEO, said, "Paul is a welcome addition to Northern Offshore. His broad experience in contracts, marketing, business development and operations will further strengthen our management team."

Mr. Ravesies has held several senior operations roles in the industry, culminating with his most recent position as vice president for a Pride International, Inc. business unit operating in the Middle East, Mediterranean and Asia Pacific regions. Mr. Ravesies also has over twenty years of experience in various positions with Santa Fe International Corporation, eighteen of which were with the Contracts and Business Development group. In all, he has over thirty years of experience in the international drilling business.

Mr. Ravesies holds both Bachelor and Master of Business Administration degrees from Southern Methodist University in Dallas, Texas and is a member of the Society of Petroleum Engineers and the International Association of Drilling Contractors.

Northern Offshore, Ltd. is a Bermuda holding company which operates offshore oil and gas production and drilling vessels deployed around the world. The company's fleet consists of one floating production facility and five drilling units (a drillship, a semisubmersible and three jackup drilling rigs). The Northern Offshore fleet operates in various markets including the North Sea, the Indian Ocean, offshore Russia, the Mediterranean Sea and Southeast Asia. More information on Northern Offshore, Ltd. may be found by visiting the company's website at http://www.northernoffshorelimited.com.

    For further information, please contact:
    Brian Hefty at 713-739-7686,
    or via email at brian.hefty@northernoffshoreltd.com
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SOURCE Northern Offshore, Ltd.