UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 23, 2000
TRICO MARINE SERVICES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-28316 72-1252405
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
250 North American Court, Houma, Louisiana 70363
(Address of principal executive offices) (Zip Code)
(504) 851-3833
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
On May 22, 2000, Trico Marine Services, Inc. issued the press release
attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(b) Exhibits.
99 Press release issued by Trico Marine Services, Inc. on May
22, 2000 announcing the awarding of long-term contracts to
Trico Marine Services, Inc. for two of its North Sea
platform supply vessels.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
TRICO MARINE SERVICES, INC.
By: /S/ VICTOR M. PEREZ
-----------------------------------
Victor M. Perez
Vice President, Chief Financial
Officer, and Treasurer
Dated: May 23, 2000
Contact: Victor M. Perez
Tom Green
(713) 780-9926
[email protected]
FOR IMMEDIATE RELEASE
TRICO MARINE IS AWARDED LONG-TERM CONTRACTS
FOR TWO NORTH SEA VESSELS
Houston, Texas (May 22, 2000) -- Trico Marine Services, Inc.
(Nasdaq:TMAR) announced today that it has been awarded long-term
contracts for two of its large 276-foot North Sea platform supply vessels
beginning at the end of the second quarter. The two contracts are
expected to contribute combined revenues of approximately $22 million
over the course of their terms.
A two-year contract calls for the NORTHERN RIVER to conduct fiber
optic cable laying and trenching operations worldwide. The NORTHERN
GAMBLER will perform marine oilfield support services in the North Sea
under a three-year contract.
"We are pleased to see positive signs of increased vessel demand in
the North Sea," said Thomas E. Fairley, President and Chief Executive
Officer. "Additionally, the contract for the NORTHERN RIVER is in line
with our goal to offer a wider range of marine-based services."
Trico Marine's premium North Sea fleet includes both large platform
supply vessels and multi-purpose anchor handling, towing and supply
vessels.
TRICO MARINE PROVIDES MARINE SUPPORT SERVICES TO THE OIL AND GAS
INDUSTRY, PRIMARILY IN THE GULF OF MEXICO, THE NORTH SEA AND LATIN
AMERICA. THE SERVICES PROVIDED BY THE COMPANY'S DIVERSIFIED FLEET OF
VESSELS INCLUDE THE MARINE TRANSPORTATION OF DRILLING MATERIALS, SUPPLIES
AND CREWS AND SUPPORT FOR OFFSHORE WELL SERVICING, CONSTRUCTION,
INSTALLATION AND MAINTENANCE OF OFFSHORE FACILITIES.
CERTAIN STATEMENTS IN THIS PRESS RELEASE THAT ARE NOT HISTORICAL
FACT MAY BE "FORWARD LOOKING STATEMENTS." ACTUAL EVENTS MAY DIFFER
MATERIALLY FROM THOSE PROJECTED IN ANY FORWARD-LOOKING STATEMENT. THERE
ARE A NUMBER OF IMPORTANT FACTORS INVOLVING RISKS AND UNCERTAINTIES
BEYOND THE CONTROL OF THE COMPANY THAT COULD CAUSE ACTUAL EVENTS TO
DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH STATEMENTS. A
DESCRIPTION OF RISKS AND UNCERTAINTIES ATTENDANT TO TRICO MARINE
SERVICES, INC AND ITS INDUSTRY AND OTHER FACTORS THAT COULD AFFECT THE
COMPANY'S FINANCIAL RESULTS ARE INCLUDED IN THE COMPANY'S SECURITIES AND
EXCHANGE COMMISSION FILINGS.
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