New Orleans

Went public 11/2/00 at $15 per share

Filing Range: 5.75 million shares @ $17 to $19

Shares Outstanding: 27.0 million shares

Underwriters: Merrill Lynch & Co./UBS Warburg/Donaldson, Lufkin & Jenrette/Howard Weil Labouisse Freid

Company Counsel: Cahill Gordon & Reindel

Manager Counsel: Baker & Botts

Auditor: KPMG LLP

The Company:

Provides oil and gas exploration and production services. The company focuses on the central region of the Gulf of Mexico Shelf.

Venture Backers:

Evercore Partners Inc.

Siguler Guff & Co.

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 11/17/19992 Expansion 60000.0


(Data in $ millions)



Total Revenues: 9.5

Net Income: -2.3