CHC Helicopter Corporation (“CHC”) (TSX: FLY.SV.A and FLY.MV.B; NYSE: FLI) announced today that it has been awarded a five-year contract renewal (plus two one-year options) by ConocoPhillips Australia Pty Ltd for the provision of helicopter transportation services in support of its offshore gas operations in East Timor.
Based out of Dili, E. Timor, the contract will be supported by two dedicated Super Puma AS332 helicopters and is valued at approximately CDN$52 million 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.
