Petroleum Helicopters, Inc. Announces Deepwater GoM Contract AwardSikorsky S-92 (Photo: Business Wire)Sikorsky S-76C+ (Photo: Bu
04 Maggio 2005 - 10:55PM
Business Wire
Petroleum Helicopters, Inc. ("PHI") (Nasdaq:PHEL) (Nasdaq:PHELK)
announced today that the Company was awarded a three-year contract
with one two-year option to provide helicopter services for BHP
Billiton in the U. S. Gulf of Mexico. The contract is for one new
Sikorsky S-92 transport category aircraft and one new Sikorsky
S-76C++ aircraft with options for additional aircraft. Financial
terms of the transaction are proprietary and were not disclosed. Al
A. Gonsoulin, Chairman/CEO of PHI, said, "We are very pleased with
this contract award by BHP Billiton. We believe the S-92 is rapidly
becoming the aircraft of choice for deepwater applications. We at
PHI appreciate the confidence shown by our customers in our
capabilities to support their operations." PHI provides helicopter
transportation and related services to a broad range of customers
including the oil and gas industry, air medical programs and the
third-party maintenance business. PHI Common Stock is traded on The
Nasdaq SmallCap Market (symbols PHEL and PHELK).
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