CHC awarded new contracts
13 Octubre 2005 - 3:43PM
PR Newswire (US)
VANCOUVER, Oct. 13 /PRNewswire-FirstCall/ -- CHC Helicopter
Corporation ("CHC") (TSX: FLY.SV.A and FLY.MV.B; NYSE: FLI)
announced today confirmation of new contracts and renewals for the
CHC Global Operating division, as follows: 1. A multi-year contract
renewal for the provision of Sikorsky S-61 helicopter
transportation services in support of the Sable Offshore Energy
Project off the coast of Nova Scotia, Canada. Contract commences
immediately. 2. A five-year contract renewal (plus a one-year
option), with Petronas for the provision of S-76C+ helicopter and
fixed wing transportation services in support of onshore and
offshore operations in Southeast Asia. The contract was signed in
September 2005. 3. A new four-year contract for the lease of two
Bell 412 aircraft to Vectra Limited in support of its offshore
helicopter operations in India. Contract commenced September 2005.
4. A one-year contract extension by ENI Iran for the provision of
two Eurocopter Dauphin N2 helicopters to replace existing aircraft
on contract. Contract commences November 2005. 5. A new two-year
contract (plus a one-year option) with Cairn Energy Sangu Field
Limited for the provision of S76A++ helicopter transportation
services in support of onshore and offshore operations in
Bangladesh. Contract commences in early 2006. Total anticipated
value of the above contracts is approximately $23 million per
annum, including approximately $8 million in incremental revenue.
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. If you
wish to be added to, or removed from, the Company's distribution
list, please contact . DATASOURCE: CHC Helicopter Corporation
CONTACT: Jo Mark Zurel, Senior Vice-President, And Chief Financial
Officer, (604) 276-2494; Chris Flanagan, Director of
Communications, (604) 279-2493, (778) 999-3705; Archived images on
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