Summer 99 - TESCO Corporation

The end of 1999 is rapidly approachingand we are planning on saying a fondfarewell to the first millennium. In recognitionof the new millennium, Tesco isputting the past behind and switchingover to a fiscal accounting year that coincideswith the calendar year. We arelooking forward as our core businessactivities, top drives and underbalanceddrilling, start to pick up in activity.The Canadian and US drilling rig activityhas been steadily increasing since midyear and looks like it might exceed thelevels attained last year. In addition, thehigh price of oil is making heavy oil moreprospective to oil operators, so they aredrilling more wells. This is usually verygood for Tesco, as many more oil wellsare drilled horizontally which increasesthe demand for top drives. Internationally,drilling rig activity remains at or nearrecord low levels, but signs of optimismare returning. We are planning on a numberof top drives going to work aroundSo how does the stock market work anyway?The stock market is generally understoodto consist of Stock Exchangesin many countries around the world. Astock (such as shares in Tesco) can betraded (bought and sold) either on a StockExchange or privately between individuals.99% of public company shares (suchas Tesco) are traded on Stock Exchanges.However, the public can onlytrade in a public company’s sharesthrough a stockbroker (also known as aninvestment dealer). The stockbrokingfirms own the Stock Exchanges – nowthere is a conflict of interest for you(!)Companies, such as Tesco, apply fortheir shares to be “listed” on a Stock Exchangeand pay fees for that privilege.Tesco is listed on the Toronto Stock Exchangein Canada and the NASDAQStock Exchange in Washington, D.C.Tesco’s shares can only be traded onthose Exchanges as they are the onlyones where Tesco is listed. Tesco’s stocksymbol on the Toronto Stock Exchangeis TEO and on NASDAQ it is TESOF.BUSINESS OUTLOOKOOKthe first of the year in South America, andare hopeful for new activity to start in Algeria.If you have driven by the Corporate officelately you will have noticed more andmore rig parts stacking up in the back.This is a result of some excellent workthat the Product Development group hasbeen doing over the last several monthsto build the two new rigs for Driller’s Tech,Inc. We are very optimistic that the rigswill be delivered on time and on budget.Our Underbalanced Drilling systems aregoing back to work as activity continuesto increase worldwide. We have onesystem operating in Argentina, two in theUS, and three in Canada. We just completeda very successful operation for BP/Amoco in Utah that generated over $1Million US in revenue; our largest singlejob on record. BP/Amoco was very excitedby our services and people and arelooking for more opportunities to utilizeSTOCKTALKWhen Joe Public decides to make a tradethe following steps occur. Joe phoneshis stockbroker and says he would liketo buy or sell say 1,000 shares of a company.Joe Public can stipulate a minimumor maximum price and quantity.The stockbroker enters the proposedtrade on his computer which then talkselectronically to the Stock Exchange’scomputer system. The Stock Exchangecomputer then sifts through all the buyand sell orders and matches them by referenceto time and price and sends amessage back to the stockbroker confirmingthe transaction if there is a matchingbid. The stockbroker then calls hiscustomer and confirms whether or not atrade has been concluded. It is possibleto leave a buy or sell offer open for anumber of days. The stockbroker thenmails a transaction confirmation slip tohis customer. The stockbroker chargesa commission of up to 3.5% on the valueof the trade for his services.A fairly recent innovation is that you cannow make stock trade transactions viathe Internet from your personal computer.this technology.The Completions Group is gearing up foran active Winter drilling season and hasrecently purchased a new CNC machineto build more product faster. The Industrialgroup is busy with orders from FosterWheeler for refinery systemunheading devices and Kelon/Ener-Rigis growing its rig services business inCanada and Worldwide.We are very close to putting 1999 and allthe challenges that it brought behind us,and must now start looking forward to thechallenges of 2000 and beyond. I wishall of you a very happy and safe holidayseason, and look forward to working withyou to make 2000 a very successful andrewarding year.Mark FischerChief Operating OfficerTesco Corporation, CalgaryThis method carries much lower commissionrates but creates additional risk forthe investor, as he does not receive anyadvice from a stockbroker.In the olden days (as my kids refer to aperiod 5 or more years ago) the systemwas somewhat different. The stockbrokerwould telephone to the floor of theStock Exchange to an individual called ajobber who represented the stockbroker’scompany. The jobber would then runacross the floor of the Stock Exchangeand make a deal with a specialist in thelisted company’s shares and record it ona slip of paper. These slips of paper weretallied up at different times during the dayand then, for some reason, thrown on thefloor. Much shouting and gesticulatingwould accompany these transactions.The jobber would then phone back thestockbroker who would then phone hiscustomer. Now this activity is only seenin the movies.Martin Hall, C.A.Senior Vice President, FinanceTesco Corporation, CalgaryTesco Connections Page 2

COMPANY NEWSTERRY FOX RUN - BEIJING , CHINAThe 19 th annual Terry Fox “Marathon ofHope” took place on the morning of Sat.Nov. 6, 1999 in Beijing. Norman Wang,Chief Representative of Tesco in Beijingwas instrumental in getting Tesco involvedas a Gold Sponsor for this year’sevent. Traditionally, the run had attracteda few hundred expatriate runners but thisyear six thousand participated raising significantfunds for cancer research.Howard Balloch, Canadian Ambassadorto China has confirmed that our participationwas a worthwhile cause as$50,250 Cdn. was raised. Thanks toNorman, Tesco has contributed a little tothis worthy cause.Canadian Embassy Ambassada du CanadaMr. Norman WangTescoSuite 617, Beijing Chongqing Hotel15 Guangximen Bei LiBeijing 100025, P.R.C.Fax: 6422-131019 Dongzhimenwai DajieBeijing 100600, P.R.C.November 16, 1999Dear Mr. Wang:On behalf of the Organizing Committee of the 1999 Beijing Terry FoxRun, I would like to thank Tesco for their Gold Sponsorship on this year’s run.Through the efforts of our many sponsors, we have raised in excess of RMB250,000 for cancer research in China. As a Gold Sponsor, Tesco will beinvited to attend the presentation ceremony, planned for early December.Above and beyond the money raised for a worthwhile cause, theevent was a huge success with over 6000 participants and with wide televisionand newspaper coverage. The enthusiastic participation of people andcorporations from all areas of life in China made for a great day.We are very pleased with the results of this year’s event and we verymuch look forward to the Terry Fox Run becoming an important annual eventin Beijing. We look forward to Tesco’s continued active participation.Yours sincerely,Howard BallochAmbassadorTesco Connections Page 3

The week of October 18, 1999, saw theCalgary Marketing and Sales Group hostTesco’s International, U.S. and LatinAmerican marketing representatives forthe second annual Tesco MarketingSummit.COMPANY NEWS1999 TESCO MARKETING SUMMIT ANOTHER SUCCESSBob Tessari and Mark Fischer openedthe summit with warm welcomes and providedan overview on Tesco’s future andexpectations. Throughout the day presentationswere given by Dick Heenan(Prospecting), Ken Bagan (Legal Issues),Nigel Lakey (Summit Objectives), RandyKuehn (IT Review). Colin Murch (CanadianReview), Per Angman (New Technologies);and Glenn Cools (Features,Advantages and Benefits of Top Drives).Although it was a full day, everyone wasfilled with enthusiasm and motivation.The second day saw Robert Johnstongive an informative presentation on theAsia Pacific area. Other presenters thatday included Bob Teichrob(Underbalanced Drilling),Glenn Cools (Equipment Updates),Chip Abrant (RotarySteerable Tool), Jorge Micolich(Latin America Review), andBrian Snydmiller (Drilling Rigs).Minds were full and reeling afteryet another intense and informativeday.Lawrence Tessari began daythree with a presentation on histerritories, Europe and Africa.Lawrence was followed byDale Oveson and Bob Tessari(Casing Drilling), EvertBeierbach (Product Development),Nigel Lakey (Corporate Marketing),Don Karr (Advertising Review), RobertJohnston (China Review) and DonMurray (Kelon Electric). Again, a rivetingday and thoughts turned to “When willthis all be over?”.Day four dawned with Will Kemper’s presentationon a review of Eastern Europe,followed by Tom Cameron’s overview ofGris Gun, and presentations by DarleneDavis (Marketing Support), Mike Hambly(Mainline Industries), Ken Shaw (MiddleEast Review), Brett Crawford (IntegratedServices and Solutions) and ending withDick Heenan (After Sales Service). Everyoneenjoyed a welcome break asMainline Industries hosted a deliciousBBQ lunch and tour of their facilities.Thanks to Mainline for a job well doneand very much appreciated! Relaxationwas the only thing on the schedule asthe group gathered at Schanks onMcLeod Trail South for an evening ofsocializing and visiting. Thoughts hadnow turned to “Just one day to go!”The final day of the summit featuredRandy Connor (U.S. Market Review),Martin Hall (Corporate Structure andTaxation), Brian Whiteside (InternationalReview), Jim Downie (Well Control Products),and guest presentations by RyanEnergy Technologies Inc. andSchlumberger. The summit concludedwith final remarks from Bob Tessari andMark Fischer. All in all, a great week that,while not only informative, gave everyonea chance to meet with each otherand develop communication networks.Thanks to everyone who participated andalthough there has been a shortage inthe Calgary seafood market, we look forwardto another successful Summit nextyear.Darlene DavisMarketing CoordinatorTesco Corporation, CalgaryTesco Connections Page 4

TRAVELY2K TRAVEL CHECKLISTBefore you go:• Take responsibility for your Y2Ktravel. Be prepared. Make an informeddecision about whether to travel.• Check your insurance policycarefully.• Make sure you have adequate funds.• Obtain the address of the Canadian/American embassy or consulate nearestto your destination.• Develop alternative plans and leavethem, along with contact numbers, withsomeone in Canada/US.Once you’re there:• Know how to get in touch with thenearest Canadian/American governmentoffice.• Inform yourself of conditions whenyou arrive.• Develop a backup plan in caseproblems arise.• In the event of an emergency, contactthe 24-hour emergency desk of theDepartment of Foreign Affairs and InternationalTrade at (613) 996-8885 or callyour Rider-BTI 24-Hour Emergency Deskat 1-800-567-4337(within North America)or 613-238-5696 (collect) outside of NorthAmerica and quote your VIT code. (Quebec:95F5, Eastern Canada & US: B525,or Western Canada: E4Z4).Safe and happytravels in theNew Year!Cindy RoweRider-BTISERVICEAWARDSARDSThe Tesco Service Award program waslaunched in October with all employeeseligible for 3, 5, 10 and 15 year awardsreceiving certificates commemoratingtheir anniversary date. In recognition ofthis milestone each employee was givena brochure in which they could choosean award. To each award we haveadded our symbol, may it always remindyou of our appreciation. The formal presentationof awards will take place earlyin the new year with ceremonies beingheld in Calgary, Red Deer, Nisku andHouston.Tesco Connections Page 5Although the holidays are supposed tobe a time full of joy, good cheer and optimistichopes for a new year, many peopleexperience seasonal “blues”.What’s important to know is that there aresteps you can take to beat the blues thisholiday season.The “holiday blues” can be caused bymany factors: increased stress and fatigue,unrealistic expectations, over-commercializationand the inability to be withone’s family. The increased demand ofshopping, parties, family reunions andhouse guests also contribute to thesefeelings of tension. Even people whoare not prone to depression can developother stress reactions during holidays,such as headaches, excessive drinking,overeating and difficulty sleeping.There are several ways to identify potentialsources of holiday depression that canhelp you head off the blues:• Keep expectations for the holidayseason manageable by not trying tomake the holiday “the best ever”. Setrealistic goals for yourself. Organizeyour time. Make a list and prioritizethe most important activities. Berealistic about what you can andcannot do.• Let go of the past. Don’t bedisappointed if your holidays are notlike they used to be. Life bringschanges. Each holiday season isdifferent and can be enjoyed in its ownway. Don’t set yourself up forsadness by thinking everything has tobe just like the “good old days.”TIP OF THEQUARTER“As we grow older, we realize that wehave two hands, one for helpingourselves, and the other for helpingothers.”SAFETYAVOIDING THE HOLIDAY BLUES• Enjoy holiday activities that are free,such as driving around to look atholiday decorations or windowshopping .• Reflect on the reason for the season.The commercialization of Christmashas largely taken away its truemeaning. Reflect on the unmeritedblessings and gifts that have beengiven to you. In return, volunteer todo something for someone beyondyour normal tradition. All gifts don’tcome wrapped in packages. As it wasonce written: “It is more blessed togive than to receive.”REMEMBER…Mental health habits travel with youbetween home and work.Tom CameronTechnical Services andSafety CoordinatorTesco Gris Gun, Red DeerUPCOMING EVENTSDec. 18 Gris Gun Christmas PartyDec 25 Christmas DayDec. 26 Boxing DayDec. 27 Statutory HolidayDec. 28 Statutory HolidayJan. 1 New Year’s DayJan. 3 Statutory HolidayFeb. 21 Family Day (Canada)

An Alberta Workers Compensation Board(WCB) audit was conducted within TescoCorporation, Canadian Operations andProduct Development between September16, 1999 and October 5, 1999. Thepurpose of this audit was to bring someattention to the problem of late and incompletereporting of injuries to the WCB.Interviews were held with employees atall levels of Tesco Corporation, CanadianOperations and Product Development.Documentation was also reviewed. Althoughaudit standards were met in someof the areas, it was made clear that improvementshad to be made. The followingobservations were made by theauditors:• The policies in place at Tesco Corporationand divisions were not beingfollowed consistently and did notshow an accurate picture of actualreporting practices.• Reporting procedures have not beencommunicated to workers.• Supervisors, as the employer’s representativeare unaware of their responsibilityto the Company for reportinginjuries sustained by workers.• Communication of Modified WorkPrograms is not clear and should beformalized.COMPANY NEWSWCB AUDIT• There is no consistent procedure forInternal Incident/Accident reports tobe forwarded to the Safety Coordinator.• Record keeping is poor.• Remote site reporting is unclear.• Transportation issues in the event ofan injury to a worker are unclear tothe worker and management.• Employees are failing to recognizethe difference between WCB andPaid Personal Leave.• Some workers felt that productionwas more important to Tesco thanreporting of accidents.Tesco Corporation is addressing the observationsby implementing proceduresto be posted in the workplace to show aconsistent method of reporting injuries.The development of these proceduresand the communication to the workforceshall address most of the observationsabove. Workers of all levels shall be requiredto familiarize him/herself withthese procedures. The procedures shallbe addressed in upcoming safety meetingsand education seminars to ensurethat workers are made aware of their responsibilities.It is a regulated requirement that workersreport injuries to their employer andTESCO ARGENTINIAN OPERATIONSto the proper agencies. This is also thePolicy of Tesco Corporation and is discussedin the worker orientation upon hiring.A new Corporate Safety Program isbeing developed and this policy shall beemphasized during orientations to theCorporate Safety Program. Workersmust be made aware of their responsibilityto report accidents and incidents totheir employer. Failure to do so can resultin disciplinary action up to and includingdismissal.The belief that Tesco Corporation doesnot consider the reporting of accidentsand incidents a priority must be dispelledimmediately. Tesco Corporation insistson proper and prompt reporting and followup. Support for completion of appropriateforms shall be available from theimmediate supervisor, the Safety Department,Payroll or Human Resources (althoughthe actual reporting structure shallremain constant as per the procedurebeing implemented). Tesco Corporationis a 24 hour a day business and safetyconcerns can be addressed at any time.Delays in reporting injuries can resultin delays in payment or suspensionof compensation.Scotty Boyle, Safety SupervisorCanadian Operations, CalgaryTesco has recently begun work in Argentina,located in the south east section ofSouth America. From Calgary it takes 3.5hours to Toronto, followed by a fourteenhour flight to Buenos Aries. The locationof the field we are exploring is five hoursby plane south west of Buenos Aries nearan oilfield town called Rincon de losSauses. The direct translation of thistown’s name is “corner of the desert”which is very fitting as the Neuquen fieldis located at the corner of the desert withinthe Neuquen province in what can bestbe described as the foothillsof the Andes mountainrange. Initially there was agreat deal of enthusiasm towork in South Americawith respect to the beautifulclimate, however ourfirst crew was greeted witha 12 hour snow storm thatleft close to twelve inchesof snow on the ground.The enthusiasm of sunnyclimes was thwarted whenword got back that Canadais not the only place with asnowy winter season. Theclimate ranges from about minus 15 0 Cto 45 0 C above, depending on the season.It is important to note that Argentinais south of the equator resulting in seasonswhich are opposite to what we experiencein Canada.Tesco Corporation has recently completedthe seventh underbalanced job inArgentina and is now on contract withYPF, formally an Argentinian Nationalcompany with innovative drilling practices.Due to the combined efforts ofoperational and engineering personnel,Tesco underbalanced equipment is provingto be an invaluable tool in the recoveryof hydrocarbons for YPF in theNeuquen Field. At present, the staffingof the Tesco equipment includes twoCanadian engineers, two national engineeringtrainees, a drilling services supervisorand a night supervisor, both Canadians,and a crew of six nationals asoperators. The objective is to have theArgentine Nationals operate and maintainthe equipment while developing the(continues on page 8)Tesco Connections Page 6

EIKE RIEMANNField ServiceManager,Eike Riemann recentlyjoined KelonElectric as FieldService Manager.Eike comes toKelon with overtwenty years of experience as a ChiefElectrician as well as being a former customerof ours while employed with PrecisionDrilling. Eike enjoys spending qualitytime with his wife Mary Ellen and theirtwo daughters.Kelon Electric Inc. – Nisku,MARTHA CLARKLatin AmericaMarketingCoordinator,Martha has workedwith Dan Withoff,Jose Diaz de Leonand Jorge Micolichas the LatinAmerica Marketing Coordinator sinceApril 1996. Martha coordinates tradeshows and all international travel arrangements.Away from the office,Martha enjoys dancing, cooking and bakingin her spare time. As well, Marthaand her husband are expecting their firstbaby.Latin America Operations - HoustonEMPLOYEE PROFILESMARION JEROMELegal Assistant,Marion joinedTesco Corporationin November 1997as Legal Assistant.As the “other personin the LegalDepartment”, sheis also responsiblefor legal and insurance administrativeduties and assists in the processing ofimmigration visas. Outside of the officeshe is active in competitive and recreationalslo-pitch and volleyball.Tesco Corporation, CalgaryKAY KHANStaff Accountant,Kay has been astaff accountantwith TDT Inc. sinceMarch 1996. Kay’sduties include accountsPayable,Divisional FinancialReporting, and Intercompany Billing. Kay gave birth toher first baby in September and sincethen has said goodbye to sleep. Kay alsoenjoys travelling, cooking, reading andwatching basketball.US & Mexican Operations - HoustonWES SVEINSONShipper/Receiver,Wes Sveinsonholds the positionof Shipper/Receiverand hasbeen with us sinceFebruary of 1998.Wes recently returnedfrom a tripto Hawaii where he married his fianceeJamie. He is looking forward to a longand happy life with his new bride.Ener-Rig Supply Inc. – NiskuJOE ERNSTOperationsSuperintendent,Joe joined TescoDrilling Technologyin September1994 as a FieldSupervisor, and inMarch of 1995 waspromoted to theposition of OPSSuperintendent. Afew of Joe’s responsibilities are the dayto day operations of the Top Drives,trouble shooting and organizing the men.Outside of work, Joe enjoys spendingtime with his family, sky-diving, scubadiving, hockey, and riding his “AmericanMade” motorcycle.Canadian Operations - CalgaryCURTIS JERROMTechnicalCustomer ServiceRepresentative,Curtis started withGris Gun in February1998 as theShipping and ReceivingCoordinator.Since then, hehas changed positionswithin thecompany and has worked on a numberof proprietary projects within the TechnicalService Department. Curtis holds aBachelors Degree in Science from theUniversity of Saskatchewan and hasyears of technical experience in the casedhole wireline industry. After workinghours, Curtis enjoys spending time withhis wife Melanie, attending church andleading the Central Alberta Koi (fish) club.Gris Gun, Red DeerTesco Connections Page 7CINDY PEPPERPayroll/BenefitsAdministrator,Cindy started withTesco Product DevelopmentinMarch 1999, and iscurrently the Payroll/BenefitsAdministratorfor bothTesco Product Developmentand Tesco Corporation. Cindyhas worked in the Payroll/Human Resourcesrole for about 6 years, and hopesto implement some positive changeswithin the different business units ofTesco. Outside of work, Cindy enjoystouring Fish Creek Park with her horseNutmeg, camping, going to movies, anddining out with her husband Jason.Tesco Product Development - CalgaryRAY LAMBERTProductionForeman,Ray has been anemployee of MainlineHydraulicssince August 1997and is a qualifiedHydraulicsMechanic.Ray’sresponsibilities includeall production, service and repairs.He quietly keeps his nine-member teamoperating at peak performance. Ray isalso our reliable source of expertise fororganizing a staff BBQ or social functionand his good nature is often put to thetest. As an avid golfer and skier – heactually made a hole-in-one at MapleRidge Golf Course on July 1 st . Ray enjoyslife in Calgary and shares this withwife Christal and daughter Corinne.Mainline Industries - Calgary

EDITOR’S MESSAGEThe end of the year, the end of the Millennium;we all knew that we would behere to see it happen but have we reallygiven any thought to what it means. Ifwe think back to our grandparents orparents who were born before the turnof the last century - did they have to considerso many things because they weremoving from the 1800’s to the 1900’s?They did not have computers, whichseem to have some type of control overeverything we do these days. There wereno planes flying, so there was not theworry about whether they should or couldfly at midnight on December 31. Banking,if any was primitive and certainly nota concern - would the ATM machine workand if it did, would there be any money,was not a concern. Food in the late1800’s was grown, fished, hunted anddefinitely prepared by hand, a far cry fromall the modern technology that we havetoday - so there certainly was no concernthat an electrical appliance wouldnot work.As we say good bye to the 1900’s andprepare for the year 2000 we realize howdifferent life must have been back thenand how the life we live today was possiblya twinkle in someone’s eye! Whoknows what the next 1000 years willbring. What we do know is that we haveseen the years’ change in the way welive and work.Thank you to all employees who havecontributed to CONNECTIONS in thispast year. A personal thank you to DonKarr who has had to put up with all mychanges in every issue.I would like to extend my best wishes toeach of you and your families for a wonderfulholiday season.Carol RosdobutkoEditor(Continued from page 6)expertise to troubleshoot potential problemswhile recommending solutions forequipment and hole issues.Thanks to the combined efforts of everyoneinvolved in the Latin American operation,Tesco is now preparing to workwith Plus Petrol on a high-pressure, highproduction gas well in South America.The excellent efforts are being recognizedby other operators as well as thecompanies we are presently working with.We anticipate continued growth and successwhile working in Argentina.Mike Vander StaakEngineering Technologist,Integrated Services & Solutions,CalgaryCOMPANY NEWSLAST CHRISTMAS PARTYOF THE MILLENNIUMOn Friday, November 26, 1999, Tesco’sCalgary personnel gathered to take partin the last Christmas Party of this Millennium.Held at the Glenmore Inn, approximately330 personnel and guests were joinedby out-of-towners, Don and Cindy Murray(Nisku) and Bruce and Laurie Clifton(Houston), and partook of a great meal,great wine and, hopefully, a great time.This year’s winners of the ChristmasCheer Gift Baskets were Judy Byer (Icewine basket) and Scotty Boyle (Irish Coffeebasket). For the second year in arow, the winners were seated at the sametable and good natured accusations of“rigging” were heard. We hope that Judyand Scotty enjoy their baskets.I would like to take this opportunity tothank all those individuals who helped outwith preparations and the actual runningof the Party. Thanks go out to LinaRunquist, Lori Ketchuk, Nigel Lakey,Martin Hall, Don Karr, Norma Balicki,Lucy Fontes, Dale Oveson, Donna Elliott,Sylvie Hnatiuk and Trish Morrison. Extraspecial thanks go out to Lorraine Grahamfor all her help. Your help wasgreatly appreciated.On behalf of the Committee, I hope thatyou had a good time and we wish you aMerry Christmas and hope to see you atthe first Christmas Party of the new Millennium.Marion JeromeChristmas Party CoordinatorTesco Corporation,CalgaryDEAR CONNECTIONS...If I take Tuesday off as a vacation day,and am required to work that sameweek on a Saturday, will I be paid overtime?Please refer to the Overtime Policy inyour Tesco Corporation Human ResourcePolicy book. Paid PersonalLeave, Vacation and Holiday Hours areexcluded from the overtime calculation.A total of 40 hours would have to beworked prior to Saturday for you to bepaid overtime.My family physician has recommendedthat I take massage therapyfor headaches, do any of the Tescoplans cover this cost?Canadian employees are eligible forMassage Therapy to a maximum of$500.00 per person per calendar yearfrom Equitable Life, with a referral froma doctor. Once you have reached themaximum coverage from Equitable Lifeyou can claim through the Tesco BenefitPlan with a referral letter or a copy of theoriginal referral that was sent to EquitableLife.Is it possible to change by ESSP contributionspart way through the year?Yes, the plan allows an employee tochange the designated percentage twiceper calendar year.NEWSLETTER CO-ORDINATORSCorporate & Product DevelopmentCorinne MaddenGris Gun Sandy MercerKelon/Ener-Rig Lee WoolseyMainlineLucy FontesCanadian OperationsMichelle LawrenceUS, Mexican & LA OperationsMike HensleyEditorCarol RosdobutkoPublisher Don KarrCONNECTIONS is published quarterly for theemployees of Tesco Corporation. We welcomesubmissions, story ideas and lettersfrom our readers. Please address all articles,comments and inquiries to:CONNECTIONS EDITORTesco Corporation6204 – 6A Street S.E.Calgary, AB T2H 2B7Fax: (403) 252-3362Articles can also be forwarded to yourdivisional co-ordinator.Tesco Connections Page 8Printed in Canada / Winter 99 / 12/99 / 800 / TC