Replies to post #9979 on Deep Blue Marine (DPBE)

[capt AL]

I thought we owned the boats. April 24, 2007 - 4:01 PM EDT

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Deep Blue Marine Inc. Enters Agreement to Purchase Second Work Boat
Deep Blue Marine Inc. (Pink Sheets: DPBM) is pleased to announce that the company has entered negotiations to purchase a second work boat for the Woman Key site. The boat is a 39-foot deep-water craft with a large covered work deck. The boat will be equipped with an airlift and dive station plus electronics.

Wilf Blum, president of Deep Blue Marine Inc., said, “This purchase was required as we have several sites to explore both in US and foreign waters. The new boat, the Miss Delaney, will be used to work in Key West for the 2007 season and is strong enough to do a good job there. This frees up the Mako for work in an Atlantic site we have contracted for and allows the Deep Scan and the Lady Laura to move into international waters without affecting our ability to work the Woman Key site. This is another step forward for the company.”

For more information on Deep Blue Marine Inc. (DPBM), www.alldeepblue.com.