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

CHC Helicopter Corporation

November 08, 2005 08:00 ET

CHC Wins Five-Year Contract Renewal From ConocoPhillips

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 8) - CHC Helicopter Corporation ("CHC") (TSX:FLY.SV.A)(TSX:FLY.MV.B)(NYSE:FLI) announced today it has been awarded a five-year contract renewal by ConocoPhillips (U.K.) Limited for the provision of helicopter services in support of its Southern North Sea operations. The service will utilize a dedicated Sikorsky S76C, plus additional flight hours from the CHC pool of medium aircraft and is valued at approximately CDN $40million 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.

If you wish to be added to, or removed from, the Company's distribution list, please contact communications@chc.ca.

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