PHI Awarded Contract By Shell Exploration

Petroleum Helicopters, Inc. announced that they have been awarded a major contract with Shell Exploration and Production Company for helicopter support in the Gulf of Mexico. The new three-year contract continues an existing relationship between PHI and Shell.

Carroll W. Suggs, PHI's Chairman and CEO, said, "We are very proud of this contract and our ability to continue to provide services to one of the petroleum industry's leading companies. PHI looks forward to the opportunity and challenge of supporting Shell's helicopter transportation requirements. Safety and customer service will remain our focus for Shell, as it is for all of the customers we serve industry-wide."

Under the terms of the new contract, PHI will continue to provide 18 full time aircraft. The fleet consists of Bell, Sikorsky, and Eurocopter model helicopters operating from several of PHI's domestic bases in the Gulf of Mexico.


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