EXHIBIT 99.1


            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors and Shareholders
of Cal Dive International, Inc.:

We have reviewed the condensed consolidated balance sheet of Cal Dive
International, Inc. and subsidiaries as of September 30, 2004, and the related
condensed consolidated statements of income for the three-month and nine-month
periods ended September 30, 2004 and 2003, and the condensed consolidated
statements of cash flows for the nine-month periods ended September 30, 2004 and
2003. These financial statements are the responsibility of the Company's
management.

We conducted our review in accordance with the standards of the Public Company
Accounting Oversight Board (United States). A review of interim financial
information consists principally of applying analytical procedures and making
inquiries of persons responsible for financial and accounting matters. It is
substantially less in scope than an audit conducted in accordance with the
standards of the Public Company Accounting Oversight Board, the objective of
which is the expression of an opinion regarding the financial statements taken
as a whole. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should
be made to the condensed consolidated financial statements referred to above for
them to be in conformity with U.S. generally accepted accounting principles.

We have previously audited, in accordance with the standards of the Public
Company Accounting Oversight Board (United States), the consolidated balance
sheet of Cal Dive International, Inc. and subsidiaries as of December 31, 2003,
and the related consolidated statements of income, shareholders' equity, and
cash flows for the year then ended, not presented herein, and in our report
dated February 23, 2004 we expressed an unqualified opinion on those
consolidated financial statements. In our opinion, the information set forth in
the accompanying condensed consolidated balance sheet as of December 31, 2003,
is fairly stated, in all material respects, in relation to the consolidated
balance sheet from which it has been derived.

                                        /s/ ERNST & YOUNG LLP



Houston, Texas
November 3, 2004