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EX-99.1 - TESCO PRESS RELEASE DATED 26 APRIL 2010 - TESCO CORP | exh-99.htm |
UNITED
STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
Form
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): 04/26/2010
Tesco
Corporation
(Exact
name of registrant as specified in its charter)
Alberta
|
76-0419312
|
(State
or Other Jurisdiction of
Incorporation
or Organization)
|
(I.R.S.
Employer
Identification
No.)
|
3993
West Sam Houston Parkway North
Suite
100
Houston,
Texas
|
77043-1221
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
713-359-7000
(Registrant’s
telephone number, including area code)
Commission File
Number: 0-28778
(Former name or former address,
if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
7.01. Regulation FD
Disclosure
Tesco
Corporation issued a press release on April 26, 2010 announcing that it has
scheduled a conference call to discuss first quarter 2010 results on Friday, May
7, 2010 at 10:00AM CST. Financial results for the first quarter of
2010 are expected to be released Thursday, May 6, 2010 after the market
closes. Individuals who wish to participate in the conference call
should dial US/Canada (877) 312-5422 or International (253) 237-1122
approximately five to ten minutes prior to the scheduled start time of the
call. The conference ID for this call is 70668857.
The conference call and all questions
and answers will be recorded and made available until June 11,
2010. To listen to the recording call (800) 642-1687 or (706)
645-9291 and enter conference ID 70668857.
The
conference call will be webcast live as well as for on-demand listening at the
Company’s web site, www.tescocorp.com. Listeners may access the call
through the “Conference Calls” link in the Investor Relations section of the
site.
Tesco
Corporation is a global leader in the design, manufacture and service of
technology based solutions for the upstream energy industry. The
Corporation seeks 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.
A copy of
the Press Release is furnished as Exhibit 99.1 and incorporated herein by
reference.
Caution
Regarding Forward-Looking Information; Risk Factors
This
press release contains forward-looking statements within the meaning of Canadian
and United States securities laws, including the United States Private
Securities Litigation Reform Act of 1995. From time to time, our public filings,
press releases and other communications (such as conference calls and
presentations) will contain forward-looking statements. Forward-looking
information is often, but not always identified by the use of words such as
"anticipate", "believe", "expect", "plan", "intend", "forecast", "target",
"project", "may", "will", "should", "could", "estimate", "predict" or similar
words suggesting future outcomes or language suggesting an outlook.
Forward-looking statements in this press release include, but are not limited
to, statements with respect to expectations of our prospects, future revenue,
earnings, activities and technical results.
Forward-looking
statements and information are based on current beliefs as well as assumptions
made by, and information currently available to, us concerning anticipated
financial performance, business prospects, strategies and regulatory
developments. Although management considers these assumptions to be reasonable
based on information currently available to it, they may prove to be incorrect.
The forward-looking statements in this press release are made as of the date it
was issued and we do not undertake any obligation to update publicly or to
revise any of the included forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by applicable
law.
By
their very nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and risks that outcomes implied by
forward-looking statements will not be achieved. We caution readers not to place
undue reliance on these statements as a number of important factors could cause
the actual results to differ materially from the beliefs, plans, objectives,
expectations and anticipations, estimates and intentions expressed in such
forward-looking statements.
These
risks and uncertainties include, but are not limited to, the impact of changes
in oil and natural gas prices and worldwide and domestic economic conditions on
drilling activity and demand for and pricing of our products and services, other
risks inherent in the drilling services industry (e.g. operational risks,
potential delays or changes in 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, the consolidation of our
customers, and intense competition in our industry), risks, including
litigation, associated with our intellectual property and with the performance
of our technology. These risks and uncertainties may cause our actual results,
levels of activity, performance or achievements to be materially different from
those expressed or implied by any forward-looking statements. When relying on
our forward-looking statements to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties and potential
events.
Copies
of our Canadian public filings are available at www.tescocorp.com and on SEDAR
at www.sedar.com. Our U.S. public filings are available at www.sec.gov and at
www.tescocorp.com.
The
risks included here are not exhaustive. Refer to "Part I, Item 1A – Risk
Factors" in our annual report on Form 10-K for the year ended December 31, 2009
for further discussion regarding our exposure to risks. Additionally, new risk
factors emerge from time to time and it is not possible for us to predict all
such factors, nor to assess the impact such factors might have on our business
or the extent to which any factor or combination of factors may cause actual
results to differ materially from those contained in any forward looking
statements. Given these risks and uncertainties, investors should not place
undue reliance on forward-looking statements as a prediction of actual
results.
Item
9.01. Financial
Statements and Exhibits
(d) Exhibits
Exhibit
99.1 Tesco
Corporation Press Release dated April 26, 2010.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
TESCO
CORPORATION
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||
Date: April
26, 2010
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By:
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/s/
James A. Lank
|
James
A. Lank,
Senior
Vice President
General
Counsel and Corporate Secretary
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EXHIBIT INDEX
Exhibit
No.
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Description
|
|
99.1
|
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Tesco
Corporation Press Release dated April 26,
2010.
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