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Scorpion Offshore Ltd. (OSL:SCORE) Houston, Texas - 12 December 2008
The shareholders of Scorpion Offshore Ltd. (the "Company") approved by majority vote the following three proxy items at the Company's annual general meeting on 12 December 2008: 1. Re-elect the Class I directors (Robert A. Solberg, Jon C. Cole, Michael L. Harvey, Mark L. Mey and James C. Yardley) for a 2 year term through the 2010 Annual General Meeting;
2. Elect two new Class I directors (Tor Olav Troim and Erling Lind) for a 2 year term through the 2010 Annual General Meeting; and
3. Re-appoint Ernst & Young as auditors of the Company to hold office until the close of the next Annual General Meeting.
Mr. Troim and Mr. Lind's appointment to the Company's board will not occur prior to Scorpion Deepwater Ltd. either resolving or canceling its semisubmersible construction contract with Keppel FELS Limited - see press release dated 27 November 2008.
Scorpion Offshore Ltd. is a Bermuda based corporation founded in 2005 to own and operate state-of-the-art offshore drilling rigs.
Contacts:
Jon Cole, CEO (713) 728-6100 Mark Mey, CFO (713) 728-6100 www.scorpionoffshore.com
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.