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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): November 19, 2008</B>

<P style="font-size: 24pt" align="center"><B>Helix Energy Solutions Group,
Inc.<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Minnesota</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>001-32936</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>95-3409686</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>400 N. Sam Houston Parkway
E., Suite 400<BR>
Houston, Texas</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>77060</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>281-618-0400</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


<DIV style="margin-top: 10pt; font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>
<DIV style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

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style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;7.01 Regulation&nbsp;FD
Disclosure.</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">On
November&nbsp;19, 2008, Helix Energy Solutions Group, Inc.
(&#8220;Helix&#8221;) issued a press release containing an update on the
efforts to restore oil and gas production after Hurricane Ike and Hurricane
Gustav. Attached hereto as Exhibit 99.1, and incorporated by reference herein,
is the press release.

<P style="font-size: 10pt; text-indent: 4%" align="justify">This information is
not deemed to be &#8220;filed&#8221; for the purposes of Section&nbsp;18 of the
Securities Exchange Act of 1934, as amended (&#8220;Exchange Act&#8221;), or
otherwise subject to the liabilities of that section, and such information is
not incorporated by reference into any registration statements or other
document filed under the Securities Act of 1933, as amended (&#8220;Securities
Act&#8221;), or the Exchange Act, regardless of the general incorporation
language contained in such filing, except as shall be expressly set forth by
specific reference to this filing.

<P style="font-size: 10pt" align="justify">Forward-Looking Statements and
Assumptions

<P style="font-size: 10pt; text-indent: 3%"
align="justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Report on Form 8-K, including any exhibits included herein, contains various
statements that contain forward-looking information regarding Helix Energy
Solutions Group, Inc. and represent our expectations or beliefs concerning
future events. This forward-looking information is intended to be covered by
the safe harbor for &#8220;forward-looking statements&#8221; provided by the
Private Securities Litigation Reform Act of 1995 as set forth in
Section&nbsp;27A of the Securities Act of 1933, as amended, and
Section&nbsp;21E of the Securities Exchange Act of 1934, as amended (the
&#8220;Exchange Act&#8221;). All statements that are predictive in nature, that
depend upon or refer to future events or conditions, or that use terms and
phrases such as &#8220;achieve,&#8221; &#8220;anticipate,&#8221;
&#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221;
&#8220;forecast,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221;
&#8220;propose,&#8221; &#8220;strategy,&#8221; &#8220;predict,&#8221;
&#8220;envision,&#8221; &#8220;hope,&#8221; &#8220;intend,&#8221;
&#8220;will,&#8221; &#8220;continue,&#8221; &#8220;may,&#8221;
&#8220;potential,&#8221; &#8220;achieve,&#8221; &#8220;should,&#8221;
&#8220;could&#8221; and similar terms and phrases are forward-looking
statements. Included in forward-looking statements are, among other things:
&nbsp;
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="4%">&nbsp;</TD>
  <TD width="2%">&nbsp;</TD>
  <TD width="94%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements regarding our anticipated production
volumes, results of exploration, exploitation, development, acquisition or
operations expenditures, and current or prospective reserve levels, with
respect to any property or well;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements relating to our proposed
acquisition, exploration, development and/or production of oil and gas
properties, prospects or other interests and any anticipated costs related
thereto;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements relating to the construction or
acquisition of vessels or equipment and any anticipated costs related
thereto;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements that our proposed vessels, when
completed, will have certain characteristics or the effectiveness of such
characteristics;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements regarding projections of revenues,
gross margin, expenses, earnings or losses, working capital or other financial
items;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements regarding our business strategy, our
business plans or any other plans, forecasts or objectives, any or all of which
is subject to change; and</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">statements regarding anticipated developments,
industry trends, performance or industry ranking.</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>&nbsp;



<P style="font-size: 10pt; text-indent: 4%" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
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<P style="font-size: 10pt; text-indent: 4%" align="justify">Although we believe
that the expectations reflected in these forward-looking statements are
reasonable and are based on reasonable assumptions, they do involve risks,
uncertainties and other factors that could cause
actual results to be materially different from those in the forward-looking
statements. These factors include, among other things:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="4%">&nbsp;</TD>
  <TD width="2%">&nbsp;</TD>
  <TD width="94%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">uncertainties inherent in the development and
production of oil and gas and in estimating reserves;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">uncertainties regarding our ability to replace
depletion;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">unexpected future capital expenditures
(including the amount and nature thereof);</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">impact of oil and gas price fluctuations and
the cyclical nature of the oil and gas industry;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the effects of indebtedness, which could
adversely restrict our ability to operate, could make us vulnerable to general
adverse economic and industry conditions, could place us at a competitive
disadvantage compared to our competitors that have less debt and could have
other adverse consequences;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the success of our derivative activities;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the results of our continuing efforts to
control or reduce costs, and improve performance;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the success of our risk management
activities;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the effects of competition;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the availability (or lack thereof) of capital
(including any financing) to fund our business strategy and/or operations and
the terms of any such financing;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the impact of current and future laws and
governmental regulations including tax and accounting developments;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the effect of adverse weather conditions or
other risks associated with marine operations;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the effect of environmental liabilities that
are not covered by an effective indemnity or insurance;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the potential impact of a loss of one or more
key employees; and</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top" align="right">
<DIV style="margin-left: 0px; text-indent: 0px">&#8226; </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">the impact of general economic, market,
industry or business conditions.</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt; text-indent: 4%" align="justify">Our actual results
could differ materially from those anticipated in these forward-looking
statements as a result of the risk and uncertainties set forth above as well as
those described under the heading &#8220;Risk Factors&#8221; in our Annual
Report on Form 10-K for the year ended December&nbsp;31, 2007 and our
subsequent periodic reports. All forward-looking statements attributable to us
or persons acting on our behalf are expressly qualified in their entirety by
these risk factors. These risk factors are not intended to be a discussion of
all potential risks and uncertainties as it is not possible to predict or
identify all risk factors. Although we believe the expectations reflected in
the forward-looking statements are based upon reasonable assumptions, we can
give no assurance that we will attain these expectations or that any deviation
will not be material. All forward-looking statements in this report are based
upon information available to us on the date of this report. You should not
place undue reliance on these forward-looking statements. Forward-looking
statements are only as of the date they are made, and other than as required
under the securities laws, we assume no obligation to update or revise these
forward-looking statements or provide reasons why actual results may differ.



<P style="font-size: 10pt" align="center">&nbsp;

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<DIV style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">


<P style="font-size: 10pt" align="justify"><B>Item&nbsp;9.01 Financial
Statements and Exhibits.</B>

<P style="font-size: 10pt" align="justify">(c)&nbsp;<I>Exhibits.</I>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid" valign="top">Number</TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" valign="top" align="left">Description</TD>
 </TR>

 <TR valign="top">
  <TD nowrap align="left">99.1</TD>
  <TD>&nbsp;</TD>
  <TD align="justify">Press Release of Helix Energy Solutions Group,
Inc. dated November&nbsp;19, 2008 containing an update on the efforts to
restore oil and gas production after Hurricane Ike and Hurricane Gustav.</TD>
 </TR>

</TABLE>

</div>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
</DIV>

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<DIV
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<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

</TABLE>


<P style="font-size: 10pt" align="justify"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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.

<P style="font-size: 10pt" align="justify">Date: November&nbsp;19, 2008

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="50%">&nbsp;</TD>
  <TD width="3%">&nbsp;</TD>
  <TD width="47%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->

<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top">&nbsp;</TD>
  <TD valign="top" align="left" colspan="2">HELIX ENERGY SOLUTIONS GROUP, INC.</TD>
 </TR>

 <TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">By:&nbsp;</TD>
  <TD valign="top" align="left" style="border-bottom: 1px solid #000000">/s/ Anthony Tripodo</TD>
 </TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Anthony Tripodo<BR>
Executive Vice President and Chief Financial Officer</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">5
</DIV>

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<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>Index to Exhibits</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid" valign="top">Exhibit&nbsp;No.</TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" valign="top" align="left">Description </TD>
 </TR>

 <TR valign="top">
  <TD nowrap align="left">99.1</TD>
  <TD>&nbsp;</TD>
  <TD align="justify">Press Release of Helix Energy Solutions Group,
Inc. dated November&nbsp;19, 2008 containing an update on the efforts to
restore oil and gas production after Hurricane Ike and Hurricane Gustav.</TD>
 </TR>

</TABLE>

</div>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">6
</DIV>
</BODY>
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Filed by Bowne Pure Compliance
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): November 19, 2008
Helix Energy Solutions Group,
Inc.
(Exact name of registrant as
specified in its charter)
Minnesota
001-32936
95-3409686
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
400 N. Sam Houston Parkway
E., Suite 400
Houston, Texas
77060
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
281-618-0400
(Former name or former address if changed since last report.)
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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
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
November 19, 2008, Helix Energy Solutions Group, Inc.
("Helix") issued a press release containing an update on the
efforts to restore oil and gas production after Hurricane Ike and Hurricane
Gustav. Attached hereto as Exhibit 99.1, and incorporated by reference herein,
is the press release.
This information is
not deemed to be "filed" for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended ("Exchange Act"), or
otherwise subject to the liabilities of that section, and such information is
not incorporated by reference into any registration statements or other
document filed under the Securities Act of 1933, as amended ("Securities
Act"), or the Exchange Act, regardless of the general incorporation
language contained in such filing, except as shall be expressly set forth by
specific reference to this filing.
Forward-Looking Statements and
Assumptions
This
Report on Form 8-K, including any exhibits included herein, contains various
statements that contain forward-looking information regarding Helix Energy
Solutions Group, Inc. and represent our expectations or beliefs concerning
future events. This forward-looking information is intended to be covered by
the safe harbor for "forward-looking statements" provided by the
Private Securities Litigation Reform Act of 1995 as set forth in
Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). All statements that are predictive in nature, that
depend upon or refer to future events or conditions, or that use terms and
phrases such as "achieve," "anticipate,"
"believe," "estimate," "expect,"
"forecast," "plan," "project,"
"propose," "strategy," "predict,"
"envision," "hope," "intend,"
"will," "continue," "may,"
"potential," "achieve," "should,"
"could" and similar terms and phrases are forward-looking
statements. Included in forward-looking statements are, among other things:
•
statements regarding our anticipated production
volumes, results of exploration, exploitation, development, acquisition or
operations expenditures, and current or prospective reserve levels, with
respect to any property or well;
•
statements relating to our proposed
acquisition, exploration, development and/or production of oil and gas
properties, prospects or other interests and any anticipated costs related
thereto;
•
statements relating to the construction or
acquisition of vessels or equipment and any anticipated costs related
thereto;
•
statements that our proposed vessels, when
completed, will have certain characteristics or the effectiveness of such
characteristics;
•
statements regarding projections of revenues,
gross margin, expenses, earnings or losses, working capital or other financial
items;
•
statements regarding our business strategy, our
business plans or any other plans, forecasts or objectives, any or all of which
is subject to change; and
•
statements regarding anticipated developments,
industry trends, performance or industry ranking.
Although we believe
that the expectations reflected in these forward-looking statements are
reasonable and are based on reasonable assumptions, they do involve risks,
uncertainties and other factors that could cause
actual results to be materially different from those in the forward-looking
statements. These factors include, among other things:
•
uncertainties inherent in the development and
production of oil and gas and in estimating reserves;
•
uncertainties regarding our ability to replace
depletion;
•
unexpected future capital expenditures
(including the amount and nature thereof);
•
impact of oil and gas price fluctuations and
the cyclical nature of the oil and gas industry;
•
the effects of indebtedness, which could
adversely restrict our ability to operate, could make us vulnerable to general
adverse economic and industry conditions, could place us at a competitive
disadvantage compared to our competitors that have less debt and could have
other adverse consequences;
•
the success of our derivative activities;
•
the results of our continuing efforts to
control or reduce costs, and improve performance;
•
the success of our risk management
activities;
•
the effects of competition;
•
the availability (or lack thereof) of capital
(including any financing) to fund our business strategy and/or operations and
the terms of any such financing;
•
the impact of current and future laws and
governmental regulations including tax and accounting developments;
•
the effect of adverse weather conditions or
other risks associated with marine operations;
•
the effect of environmental liabilities that
are not covered by an effective indemnity or insurance;
•
the potential impact of a loss of one or more
key employees; and
•
the impact of general economic, market,
industry or business conditions.
Our actual results
could differ materially from those anticipated in these forward-looking
statements as a result of the risk and uncertainties set forth above as well as
those described under the heading "Risk Factors" in our Annual
Report on Form 10-K for the year ended December 31, 2007 and our
subsequent periodic reports. All forward-looking statements attributable to us
or persons acting on our behalf are expressly qualified in their entirety by
these risk factors. These risk factors are not intended to be a discussion of
all potential risks and uncertainties as it is not possible to predict or
identify all risk factors. Although we believe the expectations reflected in
the forward-looking statements are based upon reasonable assumptions, we can
give no assurance that we will attain these expectations or that any deviation
will not be material. All forward-looking statements in this report are based
upon information available to us on the date of this report. You should not
place undue reliance on these forward-looking statements. Forward-looking
statements are only as of the date they are made, and other than as required
under the securities laws, we assume no obligation to update or revise these
forward-looking statements or provide reasons why actual results may differ.
Item 9.01 Financial
Statements and Exhibits.
(c)
Exhibits.
Number
Description
99.1
Press Release of Helix Energy Solutions Group,
Inc. dated November 19, 2008 containing an update on the efforts to
restore oil and gas production after Hurricane Ike and Hurricane Gustav.
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: November 19, 2008
HELIX ENERGY SOLUTIONS GROUP, INC.
By:
/s/ Anthony Tripodo
Anthony Tripodo
Executive Vice President and Chief Financial Officer
Index to Exhibits
Exhibit No.
Description
99.1
Press Release of Helix Energy Solutions Group,
Inc. dated November 19, 2008 containing an update on the efforts to
restore oil and gas production after Hurricane Ike and Hurricane Gustav.