News Release Details

Offshore Logistics, Inc. Announces Filing of Form 10-Qs

HOUSTON--(BUSINESS WIRE)--Jan. 12, 2006--Offshore Logistics, Inc. (NYSE:OLG) announced today that it has filed its Form 10-Q for the quarter ended June 30, 2005 and its Form 10-Q for the quarter ended September 30, 2005 with the U.S. Securities and Exchange Commission.

Offshore Logistics, Inc. is a major provider of helicopter transportation services to the oil and gas industry worldwide. Through its subsidiaries, affiliates and joint ventures, the Company provides transportation services in most oil and gas producing regions including the United States Gulf of Mexico and Alaska, the North Sea, Africa, Mexico, South America, Australia, Russia, Egypt and the Far East. Additionally, the Company is a leading provider of production management services for oil and gas production facilities in the Gulf of Mexico. The Company's Common Stock is traded on the New York Stock Exchange under the symbol OLG.

    CONTACT: Offshore Logistics, Inc., Houston
             Investor Relations: Joe Baj, 713-267-7605
             Fax: 713-267-7620

    SOURCE: Offshore Logistics, Inc.