B                      G(add C)
E|----------------------------------------------------------|
B|-------4-----4--------------------------------------------|
G|-----4---4-----4--------------5-----5---------------------|
D|---4-------4----------------5---5-----5-------------------|
A|-2------------------------5-------5-----------------------|
E|------------------------3---------------------------------|
fingers: T 1 2 3 2 1 3 2

T = Thumb (bass note of the chord)
1 = first finger
2 = second finger
3 = third finger
(of course, you can use a flatpick if you like)

*****Chords:
along with some chords i suggest some alternates to maximize the
use of open strings (and reduce hand fatigue)

  B     C   C     Bb    G(add C) G(add C)     F
           alt.                    alt.
E|----------------------------------------------1------------------|
B|--4-----5---1-----3-----------------1---------1------------------|
G|--4-----5---------3--------5------------------2------------------|
D|--4-----5---2-----3--------5------------------3------------------|
A|--2-----3---3-----1--------5------------------3------------------|
E|---------------------------3--------3---------1------------------|

Note: use of alternate chords changes the picking slightly.

*****arrangement:

(verse 1)
|B      .       .       .       |C      .       .       .       |
 ah___     ah___        oh___________

|Bb     .       .       .       |G(add C)       .       .       |
here___        dive__   bel-     ow___

|F      .       .       .       |Bb     .       .       .       |
 mmm___                           mmm___

|B      .       .       .       |B      .       .       .       |
 here       I           go___

(verse 2)
we're on the shore
down by the sea
ooh ooh
here I go

(chorus)
|B      .       .       .       |A      .       .       .       |
 wa -   ter     under's          cool
|D      .       .       .       |D (strum once only)    .       |
we're          life &   so - o - ul___

(verse 3)
down by the sea
we're going to be
ooh, ooh
|B      .       .       .       |C      .       .       .       |
 here       I           go -     oh______


(bridge?)
NOTE: at this point the picking pattern changes a bit...
throw in this bit every couple of measures just for color..

    C                C
(e)-----------------------------------------------|
(B)-------6-----5----------6-----5----------------|
(G)-----5---5-----5------5---5-----5--------------|
(D)---5-------5--------5-------5------------------|
(A)-3----------------3----------------------------|
(E)-----------------------------------------------|

|C      .       .       .      :| play 8x (no vocal)


|C      .       .       .       |C      .       .       .       |
                                 all___     my___       sea___

|C      .       .       .       |C      .       .       .       |
                                 all___     my___       blue___

play the and sing the above 4 measures about 6 times and then try
to find a stylish way to end the song.
(you'll look silly trying to fade out like the song does)