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CHC awarded contract renewals in Europe
ST. JOHN'S, NL, Aug. 19 /PRNewswire-FirstCall/ -- CHC Helicopter Corporation
("CHC") (TSX: FLY.A and FLY.B; NYSE: FLI) announced today that it has been
awarded two contract renewals in the North Sea with a combined value of
approximately CDN $14.5 million per annum. Contract renewals are as follows:
1. PGS Production AS has awarded CHC a two-year contract renewal, plus
two one-year options, for the provision of offshore crew change
helicopter services utilizing CHC's fleet of Super Puma aircraft based in
Stavanger, Norway.
2. Kerr-McGee has awarded CHC a one-year contract renewal, plus two
one-year options, for the provision of one dedicated Super Puma Mk2
aircraft based in Aberdeen, Scotland.
CHC Helicopter Corporation is the world's largest provider of helicopter
services to the global offshore oil and gas industry, with aircraft operating
in 30 countries and a team of approximately 3,400 professionals worldwide.
If you wish to be added to, or removed from, the Company's distribution list,
please e-mail: .
This press release may contain projections and other forward-looking statements
within the meaning of the "safe harbour" provision of the United States Private
Securities Litigation Reform Act of 1995. While these projections and other
statements represent our best current judgement, they are subject to risks and
uncertainties that could cause actual results to vary. These statements may
involve risks and uncertainties including, but not limited to, factors detailed
in CHC's Annual Report on Form 20-F and in other filings with the United States
SEC. Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual outcomes may vary materially
from those indicated.
DATASOURCE: CHC Helicopter Corporation
CONTACT: Jo Mark Zurel, Senior Vice-President & Chief Financial Officer,
(709) 570-0567; Chris Flanagan, Director of Communications,
(709) 570-0749/685-1537;
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http://www.newswire.ca/ and click on reports@cnw.