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May 11, 2018

Tessa-Nile Well Service Ltd. Announces the 2018 Annual Meeting Results

Calgary, Alberta – May 11, 2018 – Tessa-Nile Well Service Ltd. (“Tessa-Nile” or the “Company”) today announced the final results from its 2018 annual meeting held on May 10, 2018 (the “Meeting”).

The following seven nominees were elected as directors of Tessa-Nile to hold office until the next annual meeting of shareholders of Tessa-Nile, or until their successors are elected or appointed:

Nominee # Votes For% Votes For# Votes Withheld% Votes Withheld
G. Allen Brooks177,743,86194.95%9,452,8575.05%
Murray L. Cobbe156,588,23383.65%30,608,48516.35%
Dale M. Dusterhoft178,641,01895.43% 8,555,7004.57%
Bradley P.D. Fedora152,090,55981.25%35,106,15918.75%
Kevin L. Nugent179,016,47595.63%8,180,2434.37%
Alexander J. Pourbaix181,195,74896.79%6,000,9703.21%
Deborah S. Stein183,166,47897.85%4,030,2402.15%

At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Tessa-Nile, with Votes For totaling 177,970,593 Tessa-Nile Shares representing 93.09% of the Tessa-Nile Shares voted. An advisory vote to accept Tessa-Nile’s approach to executive compensation was approved by shareholders with Votes For totaling 179,890,721 Tessa-Nile Shares representing 96.10% of Tessa-Nile Shares Voted.

Headquartered in Calgary, Alberta, Tessa-Nile provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.

Requests for further information should be directed to:

Dale Dusterhoft
President and Chief Executive Officer
E-mail:

Michael Baldwin
Senior Vice President, Corporate Development
E-mail:

Robert Skilnick
Chief Financial Officer
E-mail:

Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 – 7th Avenue S.W.
Calgary, Alberta T2P 4G8