Horizon Offshore Announces Upcoming Release of Fourth Quarter and Full Year 2006 Financial Results and Conference Call


HOUSTON, Feb. 16, 2007 (PRIME NEWSWIRE) -- Horizon Offshore, Inc. (Nasdaq:HOFF) today announced that it expects to release its financial results for the fourth quarter and full year of 2006 after the market closes on Wednesday, February 28, 2007. The Company will host a conference call at 2:00 p.m. Central Time (3:00 p.m. Eastern Time) on Thursday, March 1, 2007.

The call will be accessible to the public by telephone or web cast. To participate by telephone, dial 877-502-9273 (U.S./Canada) or 913-981-5582 (International) ten minutes before the call begins and ask for the Horizon conference call using the conference code 4376573. A telephonic replay will also be available after the conclusion of the call until Wednesday, March 7, 2007. To access the telephonic replay, dial 888-203-1112 (U.S./Canada) or 719-457-0820 (International) using the conference code 4376573.

Investors will also have the opportunity to listen to the conference call over the Internet via web cast. The link to the web cast will be available on the investor relations page of the Company's website at http://www.horizonoffshore.com/inc/Presentations.asp?year=. Please go to the web site 15 minutes early to register to listen to the live call and to download and install any necessary software. For those who cannot listen to the live broadcast, a replay will be available through the Company's website at the link above.

Participating on the call will be:



 David Sharp - President and Chief Executive Officer
 Ron Mogel - Chief Financial Officer 
 George Reuter - Chief Operating Officer

About Horizon Offshore, Inc.

Horizon and its subsidiaries provide marine construction services for the offshore oil and gas and energy industries. The Company's fleet is used to perform a wide range of marine construction activities, including installation and repair of marine pipelines to transport oil and gas and other sub sea production systems, and the installation and abandonment of production platforms.

The Horizon Offshore logo is available at http://media.primezone.com/prs/single/?pkgid=760

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995, which represent the Company's expectations and beliefs concerning future events that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. All statements other than statements of historical facts included in this release are forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include the factors described from time to time in the Company's filings with the Securities and Exchange Commission. Consequently, all of the forward-looking statements made in this press release are qualified by these and other factors, risks, and uncertainties.

Actual events, circumstances, effects and results may be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Consequently, the forward-looking statements often identified with words like "should", "expects", "believes", "anticipates", "may", "could", etc., contained herein should not be regarded as representations by Horizon or any other person that the projected outcomes can or will be achieved.


            

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