CHC announces two North Sea contract renewals
25 Abril 2006 - 11:47AM
PR Newswire (US)
VANCOUVER, April 25 /PRNewswire-FirstCall/ -- CHC Helicopter
Corporation ("CHC") (TSX: FLY.SV.A and FLY.MV.B; NYSE: FLI)
announced today it has been awarded a three- year contract renewal,
plus options, by Tullow Oil Plc., for the provision of a sole-use
AW139 helicopter commencing in July, 2006, and a seven-year
contract renewal, plus options, by Perenco UK Limited, also for the
provision of a sole-use AW139 helicopter, commencing later this
year. Both aircraft will be based at CHC's base at North Denes,
England, replacing older model aircraft. The Tullow Oil contract
represents the first deployment in the North Sea of the AW139, a
new medium twin-engined helicopter from Agusta S.p.A. CHC also
recently began operations of the first of two AW139 aircraft from
its base at Den Helder, The Netherlands. 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 around the world.
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Forward Looking Statements Statements in this press release contain
projections and other forward- looking statements involving known
and unknown risks and uncertainties. Actual terms of the contracts
with Perenco UK Limited and Tullow Oil Plc. are subject to early
termination by the customer and may vary from that implied. While
these projections and other statements represent our best current
judgement, they may involve additional 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
and the Canadian securities regulatory authorities. Unless
otherwise required by applicable securities laws, CHC disclaims any
intention or obligation to update or revise any forward looking
information, whether as a result of new information, future events
or otherwise.
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DATASOURCE: CHC Helicopter Corporation CONTACT: Jo Mark Zurel,
Senior Vice-President And Chief Financial Officer, (604) 279-2494;
Chris Flanagan, Director of Communications, (604) 279-2493;
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