HOUSTON,
April 25, 2008, /PRNewswire-FirstCall via COMTEX News Network/ — Superior Offshore
International, Inc. (Nasdaq: DEEP) (the
“Company”) today announced that it filed a voluntary
petition under Chapter 11 of the United States Bankruptcy Code (the
“Bankruptcy Code”), in the
United States Bankruptcy Court for the Southern District of Texas (the
“Court”) (Case No.
08-32590-H2-11).
The Company will continue to operate its business as
“debtor in possession” under
the jurisdiction of the Court in accordance with the applicable provisions of the Bankruptcy Code
and orders of the Court.