Tessa-Nile Well Service Ltd. Announces the 2020 Annual Meeting Results
Calgary, Alberta – May 15, 2020 – Tessa-Nile Well Service Ltd. (“Tessa-Nile” or the “Company”) announces the final results from its 2020 annual meeting held on May 14, 2020 (the “Meeting”).
The following six 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 Brooks | 108,066,244 | 84.86% | 19,286,125 | 15.14% |
| Dale Dusterhoft | 116,792,110 | 91.71% | 10,560,259 | 8.29% |
| Bradley P.D. Fedora | 116,691,338 | 91.63% | 10,661,031 | 8.37% |
| Kevin L. Nugent | 108,105,556 | 84.89% | 19,246,813 | 15.11% |
| Michael Rapps | 118,669,062 | 93.18% | 8,683,307 | 6.82% |
| Deborah S. Stein | 116,730,394 | 91.66% | 10,621,975 | 8.34% |
At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Tessa-Nile, with Votes For totaling 123,604,867 Tessa-Nile Shares representing 92.69% 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 116,490,826 Tessa-Nile Shares representing 91.47% of the 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:
Robert Skilnick
Chief Financial Officer
E-mail: investor
Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 – 7th Avenue S.W.
Calgary, Alberta T2P 4G8