The US Bankruptcy Court approved the amended asset purchase agreement for the sale of vessel of Cal Dive International, Inc. on September 10, 2015. As per the amended order between Cal Dive Offshore Contractors, Inc. and Marine Environmental Remediation Group LLC dated July 22, 2015, the purchase price has been reduced to $0.68 million. Purchaser will make a deposit of $0.11 million.

The deadline to close the sale has been extended from August 31, 2015 to a date between September 15 and September 30, 2015.