CHC Helicopter Corporation
NYSE : FLI
TSX : FLY.SV.A
TSX : FLY.MV.B

CHC Helicopter Corporation

January 05, 2006 09:01 ET

CHC Awarded Contract Renewal in Australia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2006) - CHC Helicopter Corporation ("CHC") (TSX:FLY.SV.A)(TSX:FLY.MV.B)(NYSE:FLI) announced today that it has been awarded a five-year contract renewal (plus two one-year options) by ConocoPhillips Australia Pty Ltd for the provision of helicopter transportation services in support of its offshore gas operations in East Timor.

Based out of Dili, E. Timor, the contract will be supported by two dedicated Super Puma AS332 helicopters and is valued at approximately CDN$52 million over the fixed five-year term. The contract commences immediately.

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.

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. VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2006) - CHC Helicopter Corporation ("CHC") (TSX:FLY.SV.A)(TSX:FLY.MV.B)(NYSE:FLI) announced today that it has been awarded a five-year contract renewal (plus two one-year options) by ConocoPhillips Australia Pty Ltd for the provision of helicopter transportation services in support of its offshore gas operations in East Timor.

Based out of Dili, E. Timor, the contract will be supported by two dedicated Super Puma AS332 helicopters and is valued at approximately CDN$52 million over the fixed five-year term. The contract commences immediately.

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.

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.

Contact Information

  • CHC Helicopter Corporation
    Jo Mark Zurel
    Senior Vice-President And Chief Financial Officer
    (604) 279-2494
    or
    CHC Helicopter Corporation
    Chris Flanagan
    Director of Communications
    (604) 279-2493