Cal Dive International, Inc. filed a notice identifying the successful bidders for the sale of its assets on July 23, 2015. Arendal, S. de R.L. de C.V. emerged as the successful bidder for the sale of equity interests of HOC Offshore, S. de R.L. de C.V. and Tiburón Ingeniería y Construcción, S. de R.L. de C.V. and Vanuatu-flagged vessel Texas for $4.53 million and $3.5 million respectively. At the auction conducted on July 22, 2015, Everest Hill Energy Group Ltd. emerged as the successful bidder for the sale of United States-flagged barge Pacific, Vanuatu-flagged vessel Cal Diver I, United States-flagged vessel Rider, Vanuatu-flagged vessel Midnight Star, Bahamian-flagged vessel Mystic Viking Saturation diving system #16 and Other equipment and miscellaneous assets for $10 million.

Marine Environmental Remediation Group, LLC emerged as the successful bidder for the sale of Vanuatu-flagged barge Lone Star and Panama-flagged vessel American Constitution for $0.85 million and $0.20 million respectively. Modern American Recycling Services, Inc. emerged as the successful bidder for the sale of Vanuatu-flagged vessel Kestrel, United States-flagged barge Brave, United States-flagged barge Pecos and United States-flagged barge Pecos for $1.25 million. Shelf Subsea Services Pte.

emerged as the successful bidder for the sale of Equity interests and the assets of Cal Dive International (Australia) Pty Ltd and certain ancillary assets owned by Cal Dive Singapore and Cal Dive Offshore Contractors Inc. for $17 million and emerged as the Back-up Bidder for the Vanuatu-flagged vessel Texas for $1.4 million.