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EX-99.1 - PRESS RELEASE DATED 5-19-16 - HELIX ENERGY SOLUTIONS GROUP INChlx05192016-ex991.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
Form 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported): May 19, 2016


Helix Energy Solutions Group, Inc.
(Exact name of registrant as specified in its charter)
 
Minnesota
(State or other jurisdiction
 of incorporation)
001-32936
(Commission File Number)
95-3409686
(IRS Employer Identification No.)
 
 
 
3505 West Sam Houston Parkway North, Suite 400
Houston, Texas
(Address of principal executive offices) 
 
77043
(Zip Code)

 
281-618-0400
(Registrant's telephone number,
 including area code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 






Item 7.01 Regulation FD Disclosure.

On May 19, 2016, Helix Energy Solutions Group, Inc. (the “Company”) issued a press release announcing that the Q5000 commenced operations on contracted rates after resolving the previously disclosed start-up issues related to certain subsea equipment, and stating that although commercial discussions regarding this matter are not concluded and therefore there is still uncertainty surrounding the full financial impact of the equipment start-up issues, the Company currently believes that the range of its previously issued guidance should accommodate this impact. The press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
 
 
Item 9.01 Financial Statements and Exhibits.
 
(d)       Exhibits.
 
Number
 
Description
 
 
 
99.1
 
Press Release of Helix Energy Solutions Group, Inc. dated May 19, 2016.





SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:    May 19, 2016
 
 
 
HELIX ENERGY SOLUTIONS GROUP, INC.
 
 
 
 
 
 
 
 
By:
/s/ Anthony Tripodo
 
 
 
 
Anthony Tripodo
 
 
 
 
Executive Vice President and Chief Financial Officer
 






Index to Exhibits
 
Number
 
Description
 
 
 
99.1
 
Press Release of Helix Energy Solutions Group, Inc. dated May 19, 2016.