McCoy Corporation

McCoy Corporation

December 15, 2010 13:44 ET

McCoy Appoints Christopher T. Seaver to Board of Directors

EDMONTON, ALBERTA--(Marketwire - Dec. 15, 2010) - McCoy Corporation ("McCoy" or "the Corporation") (TSX:MCB) announced that Christopher T. Seaver has accepted an appointment to the Corporation's Board of Directors effective December 14, 2010. 

Mr. Seaver was formerly the Chairman of the Board, President and Chief Executive Officer of Hydril Company ("Hydril"), an oil and gas services company specializing in pressure control equipment and premium connections for casing and tubing, until Hydril was sold in 2007. Mr. Seaver joined Hydril in 1985 and held a series of domestic and international management positions.

Prior to joining Hydril, Mr. Seaver was a corporate and securities lawyer and, prior thereto, a U.S. Foreign Service Officer with postings in Congo and Colombia.

Mr. Seaver holds a J.D. and a MBA from Stanford University. Mr. Seaver is presently a director of Exterran Holdings (NYSE - EXH); Oil States International Inc. (NYSE - OIS); and Innovative Wireline Solutions Inc. (TSX VENTURE:IWS).

Kerry Brown, Chairman of the McCoy Board of Directors, said he and fellow directors are very pleased that Mr. Seaver accepted the appointment. "Mr. Seaver brings strong energy services industry experience as well as extensive legal, governance and management experience that will assist the Corporation in realizing its vision," said Mr. Brown.

Jim Rakievich, President and CEO, said "Mr. Seaver will be an excellent addition to the McCoy board due to his extensive experience in the global energy services industry especially in oil tools, a high priority growth area for McCoy."

About McCoy Corporation

McCoy provides innovative products and services to the global energy industry. McCoy's two segments, Energy Products & Services and Mobile Solutions, operate internationally through direct sales and distributors with its operations based out of the Western Canadian Sedimentary Basin and the US Gulf Coast. McCoy's corporate office is located in Edmonton, Alberta, Canada with offices in Alberta, British Columbia, Louisiana, and Texas.

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