CHC awarded contract renewals in Europe
19 Agosto 2004 - 8:55AM
PR Newswire (US)
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; Archived images on this organization are
available through CNW E-Pix at http://www.newswire.ca/. Images are
free to members of The Canadian Press. To request a free copy of
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http://www.newswire.ca/ and click on reports@cnw.
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