SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of report ( Date of Earliest Event Reported) :
November 23, 1999
PETROLEUM HELICOPTERS, INC.
(Exact name of registrant as specified in its charter)
Louisiana 0-9827 72-0395707
(State or other (Commission (I.R.S. Employer
jurisdiction File Identification No.)
incorporation ) Number)
2121 Airline Drive, Suite 400
P.O. Box 578, Metairie,
Louisiana 70001-5979
(Address of principal (Zip Code)
executive offices)
Registrant's telephone number, including area code:
(504) 828-3323
N/A
(Former name or former address, if changed since last
report.)
Item 4. Change in Certifying Accountants of Petroleum Helicopters,Inc.
______________________________________________________________
On November 23, 1999, the Registrant notified KPMG LLP that
they were dismissed as the Registrant's independent
auditors.
In connection with the audit of the Registrant's financial
statements for each of the prior two fiscal years ended
April 30, 1999 and April 30, 1998 and for any subsequent
interim period prior to and including November 23, 1999,
there were no disagreements with KPMG LLP on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which
disagreements if not resolved to their satisfaction would
have caused KPMG LLP to make reference to the subject matter
of the disagreements in connection with its reports.
The audit reports of KPMG LLP on the Company's consolidated
financial statements for the past two fiscal years ended
April 30, 1999 and April 30, 1998 did not contain an adverse
opinion or a disclaimer of opinion and were not qualified or
modified as to uncertainty, audit scope, or accounting
principles.
The decision to dismiss KPMG LLP was approved by the
Registrant's audit committee of the board of directors and
by the Registrant's board of directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
PETROLEUM HELICOPTERS,INC
BY /s/ Michael J. McCann
________________________________
Michael J. McCann
Chief Financial Officer
and Treasurer
DATE: December 1, 1999
