CHC Renews Irish Sea Contract

CHC Helicopter Corporation has been awarded a five-year contract, plus options for another five years, for the sole use of two AS365N Dauphin aircraft based at Blackpool, England. This contract is in support of offshore East Irish Sea Oil & Gas operations for Centrica plc subsidiary Hydrocarbon Resources Limited and BHP Billiton. Anticipated revenues for the five-year period are approximately CDN $48 million.

The contract, won through a competitive bid process, replaces an interim contract which had been in place since December, 2001.

CHC Chairman and Chief Executive Officer, Craig Dobbin said: "This contract strengthens our long term partnership with Centrica and BHP Billiton. We are pleased to be providing dedicated aircraft service to meet their offshore requirements."