HOUSTON, Nov. 2, 2015 /PRNewswire/ -- Tesco
Corporation (NASDAQ: TESO) today announced that the Board of
Directors has approved a fourth quarter dividend and has appointed
Rose Robeson to serve as an
independent director of the Company.
Fourth Quarter Dividend
The Board of Directors approved a regular fourth quarter
dividend of $0.05 per common share on
October 30, 2015. The dividend is
payable on December 4, 2015 to
shareholders of record at the close of business on November 13, 2015.
Director Appointment
Ms. Robeson was appointed to the Board and its Audit and
Compensation committees on October
29. With her appointment, the Board of Directors increases
to eight members.
Michael Sutherlin, Non-Executive
Chairman of the Board of Directors, commented, "We are pleased to
add Rose to our Board of Directors. Her experience as a public
company financial executive in the energy industry will add to
existing strengths of our Board and committees. I look
forward to Rose's contributions at this stage of the Company's
development."
Ms. Robeson served as Senior Vice President and Chief Financial
Officer of DCP Midstream GP, LLC, the General Partner of DCP
Midstream Partners LP, from 2012 until her retirement in
2014. She also served as Group Vice President and Chief
Financial Officer of DCP Midstream LLC from 2002 to 2012 and
earlier as Vice President and Treasurer. Prior to joining DCP
Midstream, LLC, Ms. Robeson was with Kinder
Morgan, Inc. (formerly KN Energy, Inc.) from 1996 to 2000
and held the position of Vice President and Treasurer. Ms.
Robeson has served as director of American Midstream GP, LLC, the
general partner of American Midstream Partners, LP (NYSE: AMID)
since June 1, 2014 and as a director
of SM Energy since July 11,
2014. Ms. Robeson graduated from Northwest Missouri State University in 1982 with a
Bachelor of Science in Accounting. Ms. Robeson is a resident
of Denver, Colorado.
ABOUT TESCO CORPORATION
Tesco Corporation is a global leader in the design, manufacture
and service of technology based solutions for the upstream energy
industry. Tesco Corporation seeks to change the way people drill
wells by delivering safer and more efficient solutions that add
real value by reducing the costs of drilling for and producing oil
and gas.
For more information please
contact:
Chris Boone –
Chief Financial Officer
Tesco Corporation
(713) 359-7000
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SOURCE Tesco Corporation