Sun, Aug 22, 2004
Second Sikorsky S-76 to be purchased; expands revenue base and
Omni Energy Services
Corp. has announced that it will acquire a second Sikorsky S-76
helicopter for the transportation of ten or more passengers
to offshore locations in the Gulf of Mexico. The Company previously
announced it had received approval from the Federal Aviation
Administration for the transportation of ten or more passengers and
the purchase of its first Sikorsky S-76.
Delivery of the second Sikorsky S-76 is expected during the
third quarter of 2004. Both aircraft are expected to begin
operating from land bases in Texas and Louisiana at the beginning
of the fourth quarter of 2004.
On the newest addition to the Omni fleet, James C. Eckert
commented "The aviation division has reported impressive profit
margins with its new revenue stream. The Sikorsky S-76's will
substantially improve our ability to completely service our
customers' needs while further improving our revenue base. Our
primary market focus will continue to be shallow waters of the Gulf
of Mexico; however, the combination of the Sikorsky S-76's with our
fleet of Bell 407's now affords OMNI the ability to also service
the 'deep water, Gulf of Mexico' demands of our customers."
Headquartered in Carencro, LA, OMNI Energy offers a broad range
of integrated services to geophysical companies engaged in the
acquisition of on-shore seismic data and through its aviation
division, transportations services to oil and gas companies
operating in the shallow, offshore waters of the Gulf of Mexico.
The company provides its services through several business units:
Seismic Drilling, Helicopter Support, Permitting and Seismic
Survey. OMNI's services play a significant role with geophysical
companies who have operations in marsh, swamp, shallow water and
the U.S. Gulf Coast also called transition zones and contiguous dry
land areas also called highland zones.
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