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FLI Flight Centre Travel Group Limited

13.80
0.30 (2.22%)
19 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Flight Centre Travel Group Limited TG:FLI Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 2.22% 13.80 13.50 14.00 13.50 13.50 13.50 1,300 22:50:00

CHC awarded new contracts and contract extensions in North Sea

08/07/2005 7:12pm

PR Newswire (US)


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CHC awarded new contracts and contract extensions in North Sea VANCOUVER, July 8 /PRNewswire-FirstCall/ -- CHC Helicopter Corporation ("CHC") (TSX: FLY.SV.A and FLY.MV.B; NYSE: FLI) has today signed a new five- year contract, plus two two-year options, with Nexen Petroleum U.K. Limited for the provision of helicopter services in support of Nexen's UK Central and Northern North Sea operations. The service, including support for the Buzzard field hook up and commissioning, will utilize a dedicated Super Puma AS332L, plus AS332L flight hours from the CHC pool of aircraft. This contract was awarded after a competitive bid process and represents new work for CHC commencing September 1, 2005. CHC has also been awarded a new two-year contract, plus three one-year options, by The Peak Group, for the provision of helicopter services from CHC's pool of Super Puma aircraft in support of drilling programs in the Southern and Northern North Sea. The contract is valued at approximately $2 million per annum. In addition, CHC announces the following contract extensions: The Irish Department of Communications, the Marine and Natural Resources (Irish Coast Guard) has extended contracts for the provision of emergency Search and Rescue helicopter services at Dublin, Sligo and Shannon until June 30, 2007. Maersk Olie og Gas AS has exercised an option to extend until June 30, 2006 a contract for the provision of Super Puma helicopter services in the Danish sector of the North Sea. Kerr-McGee has exercised an option to extend for one additional year a contract for the provision of one dedicated Super Puma Mk2 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 more than 30 countries worldwide. DATASOURCE: CHC Helicopter Corporation CONTACT: Jo Mark Zurel, Senior Vice-President And Chief Financial Officer, (604) 276-7500; Chris Flanagan, Director of Communications, (604) 279-2493, 340-7659; If you wish to be added to, or removed from, the Company's distribution list, please contact ; Archived images on this organization are searchable through CNW Photo Archive website at http://photos.newswire.ca/. Images are free to accredited members of the media. To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on reports@cnw.

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