The US Bankruptcy Court gave an order approving the sale of certain assets of Cal Dive Offshore Contractors, Inc on September 11, 2015. The debtor has been authorized to sell its certain assets to Uncle John Holdings LLC, the successful bidder for a purchase price of $1.37 million in cash pursuant to purchase and sale agreement dated August 28, 2015. The debtor's assets include a vessel, Official No.: 728134, IMO No.: 7529902.

Marine Environmental Remediation Group, LLC has been approved as a back-up bidder in the amount of $0.65 million.