Vance Milligan Named Director of Tesco Corporation
28 February 2006 - 9:08AM
PR Newswire (US)
Trading Symbol: "TESOF" on NASDAQ "TEO" on TSX CALGARY, Feb. 27
/PRNewswire-FirstCall/ -- Tesco Corporation ("TESCO") today
announced that Mr. Raymond Vance Milligan, Q.C. of Calgary, Alberta
has been appointed to the Board of Directors of TESCO effective
February 27, 2006. Mr. Milligan is a senior partner with the law
firm of Bennett Jones, LLP in the Corporate/Commercial Department.
Mr. Milligan has served on a number of boards including Newalta
Income Fund, Berens Energy Ltd., Hunt Oil Canada Acquisition
Corporation and Newfoundland Hunt Oil Company Inc. Prior to their
subsequent acquisitions, Mr. Milligan was also an officer of a
number of public companies, including Anderson Exploration Ltd.,
Stellarton Energy Corporation, Grad & Walker Energy Corporation
and Atlantis Resources Ltd. Tesco Corporation is a global leader in
the design, manufacture and service of technology based solutions
for the upstream energy industry. The Corporation's mandate 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 gas. FORWARD-LOOKING STATEMENTS
This presentation contains statements that may constitute "forward-
looking statements" within the meaning of the US Private Securities
Litigation Reform Act of 1995. These statements include, among
others, statements regarding expectations of future revenues,
activities, capital expenditures and earnings and technical
results. These statements are based on current expectations that
involve a number of risks and uncertainties, which could cause
actual results to differ from those anticipated. These risks
include, but are not limited to: the background risks of the
drilling services industry (e.g. operational risks; potential
delays or changes in plans with respect to customers' exploration
or development projects or capital expenditures; the uncertainty of
estimates and projections relating to levels of rental activities;
uncertainty of estimates and projections of costs and expenses;
risks in conducting foreign operations (e.g. political and fiscal
instability) and exchange rate fluctuations); uncertainty and risks
in technical results and performance of technology; and other
uncertainties. DATASOURCE: Tesco Corporation CONTACT: Mike Kearney
at (713) 849-5900, Tesco Corporation; To request a free copy of
this organization's annual report, please go to
http://www.newswire.ca/ and click on Tools for Investors.
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