CHC Wins Contract from Canadian Superior

Canadian Superior Energy will use CHC Helicopters International as the provider of helicopter and other related flight services ssupporting the initial drilling program for the Mariner Natural Gas Project offshore Nova Scotia.

Christine Baird, President, CHC Helicopters International, speaking from Vancouver, commenting on the contract award said, "We are very pleased to announce this new contract. We look forward to supporting Canadian Superior and their industry partners in their upcoming exploration programs".

In Calgary, when contacted at Canadian Superior's Head Office, Greg Noval, President of Canadian Superior, noted, "CHC is providing a dedicated Sikorsky S-61N helicopter and all other rotary flight services to the project. The Sikorsky S-61 machine and CHC have a long established offshore Nova Scotia track record for safe, reliable service and we are pleased to have them join the 'Mariner' Team".

Commenting further, Mr. Noval said, "CHC will shortly commence regular flights to and from the Rowan Gorilla V, as soon as the rig is at the 'Mariner' drilling location. CHC's wealth of international and Eastern Canadian expertise and experience is a welcome addition to the 'Mariner' Project. The Rowan Gorilla V is currently in the Port of Mulgrave in the Strait of Canso, Nova Scotia being mobilized for the upcoming 'Mariner' well".

Canadian Superior's "Mariner" Project is located north of the eastern tip of Sable Island on the Scotian Shelf. The first "Mariner" well, approximately 9 kilometers (5 1/2 miles) northwest of Sable Offshore Energy Project's Venture natural gas producing field, will be one of the deepest offshore wells drilled in Canada this year and will be located on Exploration License EL 2409 which was acquired by Canadian Superior in November 2001 for a work expenditure bid of Cdn. $15.5 million. The "Mariner" block (EL 2409), on which three large "world-class" prospects have been identified with current high-resolution seismic, encompasses a total area of 101,800 acres and directly offsets five significant discoveries near Sable Island including the 1.6 tcf Venture natural gas field located about 290 kilometers (180 miles) southeast of Halifax, Nova Scotia. The "Mariner" well will be drilled to a total depth of 18,370 feet (5,600 meters) and will evaluate one of three large structures that have been identified on the "Mariner" block, directly offsetting the 1.6 tcf Venture natural gas field.