SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-176
or 15d-17 thereunder
PETROLEUM HELICOPTERS, INC.
(Exact name of issuer as specified in charter)
5728 Jefferson Highway
Harahan, Louisiana 70123
(Address of principal executive offices)
Issuer's telephone number, including area code (504) 733-6790.
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the
number of shares outstanding:
1. Title of security Voting common stock, $.10 par value per share
_______________________________________________________
2. Number of shares outstanding before the change 3,278,068
_________________________
3. Number of shares outstanding after the change 413,308
__________________________
4. Effective date of change February 27, 1995
_________________________________________________
5. Method of change: See below
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.)
Privately negotiated purchase
___________________________________________________________________________
Give brief description of transaction
On February 27, 1995, Petroleum Helicopters, Inc. purchased 413,308 shares
___________________________________________________________________________
of voting common stock in a privately negotiated purchase from ONI
___________________________________________________________________________
International, Inc.
___________________________________________________________________________
II. CHANGE IN NAME OF ISSUER
1. Names prior to change _____________________________________________________
2. Name after change _________________________________________________________
3. Effective date of charter amendment change name ___________________________
4. Date of shareholders approval of change, if required ______________________
March 3, 1995 /s/ John H. Untereker
Date _______________________________ ___________________________
John H. Untereker
Vice-President and Chief
Financial Officer