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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 ;
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