Tesco Corporation Announces Robert Kayl Appointed Senior Vice President and Chief Financial Officer

Tesco Corporation announced that Robert L. Kayl, the Company’s Vice President and Controller, has been named Senior Vice President and Chief Financial Officer effective July 2, 2008. Julio Quintana, TESCO’s President and Chief Executive Officer said, “Bob has played a key role at the Company since arriving in 2005; we are fortunate to have Bob as part of our TESCO team and confident that he is the right person to guide our finance organization going forward.”

Mr. Robert L. Kayl, 37, has served as TESCO’s acting Chief Financial Officer since June 25, 2008 and has been Vice President and Corporate Controller since August 2007. He has been the Company’s principal accounting officer since April 8, 2008. Prior to assuming his current position, Mr. Kayl worked for one of the Company’s subsidiaries as the Vice President, Tax and Treasury from September 2006 until August 2007 and as Vice President, Tax and Strategic Planning from September 2005 until September 2006. Prior to joining the Company in 2005, Mr. Kayl worked for Noble Drilling Services Inc., a subsidiary of Noble Corporation, as Tax Director.

Tesco Corporation is a global leader in the design, manufacture and service of technology based solutions for the upstream energy industry, including Top Drives, the Casing Drive System(TM) and other rig floor solutions. The Company’s strategy 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.

Source: Tesco Corporation