CHC Wins Two Contract Renewals in the North Sea

CHC Helicopter 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.
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