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Wednesday, 04/11/2007 11:47:24 PM

Wednesday, April 11, 2007 11:47:24 PM

Post# of 220
TESO - Tesco Corporation



TESCO Corporation (TESCO) is an international oilfield technology and service company that provides a range of products and services to reduce the cost of drilling for oil and gas. The Company conducts its business in most oil producing regions worldwide. TESCO designs, manufactures, sells, operates and services oilfield equipment used in drilling oil, gas and geothermal wells. The Company also conducts an in-house product development program targeted at the practical application of new technology for the drilling and casing of wells. TESCO organizes its activities into two business segments: Top Drives and Casing Services. The Top Drive business comprises top drive sales, top drive rentals and aftermarket sales and service. The Casing Services business includes CASING DRILLING and tubular services, as well as down hole tool rental and casing accessory sales. In November 2005, TESCO completed the purchase of the assets of Tong Specialty, LLC and Cheyenne Services, LTD.

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