HOUSTON, Nov. 30, 2016
/PRNewswire/ -- Tesco Corporation ("TESCO" or the "Company")
(NASDAQ: TESO) today announced the appointment of Doug Ramsay to the Board of Directors. Mr.
Ramsay has been appointed to sit on both the Compensation and the
Corporate Governance and Nominating Committees. His appointment is
effective immediately and he will serve until the next annual
general meeting.
"We are pleased that Doug has agreed to join the Tesco Board of
Directors," stated Michael
Sutherlin, Tesco's Chairman. "Doug has over thirty years of
experience in key leadership positions in the energy services
industry, including with Canadian based companies Calfrac Well
Services Ltd. and Fracmaster Ltd. We believe his
international experience in key markets where Tesco operates and
his knowledge of the energy services industry will be a major asset
to our Company. The Board of Directors and our management
team look forward to his contributions to the organization."
Mr. Ramsay has 34 years of experience in the energy services
industry. He is currently Vice Chairman of the Board of
Calfrac Well Services Ltd., a position he has held since
January 2014. He was a founder of
Calfrac Well Services Ltd., and retired as Chief Executive Officer
of that Company in December 2013, a
position he held since the company's inception in September
1999. Earlier, Mr. Ramsay held several management roles with
Fracmaster Ltd., most recently as President and member of the board
of directors from 1992 to 1994, and Vice President of Sales and
Marketing in Canada from 1989
until 1992.
Mr. Ramsay holds a Petroleum Engineering Technologies diploma
from the Southern Alberta Institute of
Technology.
About Tesco
Tesco Corporation is a global leader in
the design, manufacture and service of technology based solutions
for the upstream energy industry. The Company's strategy is 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 natural gas. TESCO®
is a registered trademark in the United
States, Canada and the
European Union. Casing Drive System™, CDS™ is a trademark in
the United States and Canada.
For further information please contact:
Chris
Boone – Chief Financial Officer
Tesco Corporation
(713) 359-7000
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SOURCE Tesco Corporation