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CHC Announces New Contract with Capricorn Norge to Support Norwegian Sea Drilling Program

Thursday, May 2, 2019

STAVANGER, NORWAY – CHC Group has been awarded a contract from Capricorn Norge AS, a wholly owned subsidiary of Cairn Energy PLC, to provide helicopter services in support of their forthcoming drilling program at the Lynghaug (PL758) and Godalen (PL842) prospects in the Norwegian Sea.

“We are excited to support Capricorn’s first drilling operation on the Norwegian Continental Shelf,” said Helge Nesvåg, CHC Sales Director for Europe, Middle East and Africa (EMEA). “We look forward to working with their team and their project partners at Ross offshore and showcasing how our decades of experience will ensure we can make sure we customize the right services and technology to best meet their needs.”

The operation will utilize Transocean Arctic drilling rig from CHC's base in Brønnøysund. There will be up to four flights per week using a Sikorsky S-92A.

“We are always looking for opportunities to work with new customers across our global operation and are honoured that Capricorn Norge AS selected us as the right partner to help them enter a new location,” said Karl Fessenden, president and CEO of CHC Helicopter. “Our experience in Norway along with our strong global standards and proven services will help us make sure they have a safe and reliable aviation partner throughout their project.”

About CHC
For more than 70 years, CHC Helicopter has provided safe, reliable, cost-effective helicopter service in some of the most remote and challenging environments around the world. With extensive experience transporting customers in the oil and gas industry, supporting search-and-rescue and EMS contracts, and providing maintenance, repair and overhaul services, our dedication to safety and reputation for quality and innovation help our customers reach beyond what they thought possible. Visit www.chcheli.com for information.

Sue Fay
Director, Communications - EMEA
+44 (0)7796444762

Cautionary Note on Forward-Looking Statements
This press release and other statements that we may make contain forward-looking statements. Forward-looking statements are statements that are not historical facts and include statements about our future financial condition and future business plans and expectations. Such forward-looking statements are based upon the current beliefs and expectations of our management, but are subject to risks and uncertainties, which could cause actual results and/or the timing of events to differ materially from those set forth in the forward-looking statements. The forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.