Ezion

Ezion: Company just announced a Letter of Intent with a contract value of approx. US$45.3m over a 2-year period to provide a liftboat to support a S.E.A-based national oil company. The Liftboat is expected to be deployed and working in South East Asian waters by the 3Q13 after its final commissioning and completion. No timing has yet been receive to lift its trading halt.