Tarpon Named Best Managed for 5th Consecutive Year

Canada’s 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Each year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates their management skills and practices.

“Tarpon has been a winner of Canada’s 50 Best Managed Companies program since 2006 and we are thrilled to announce that we have requalified in 2010 to maintain our status as a Best Managed company,” said John Henry, President & CEO, Tarpon Energy Services Ltd. “This prestigious award recognizes organizations that have implemented world-class business practices and created value in innovative ways. This award is a reflection of the skill and dedication of our employees.”

Tarpon has maintained its prominent status as a Best Managed company for five consecutive years despite the prevailing economic downturn. “Although we have experienced significant changes over the last 18 months, we believe Tarpon is a much stronger and focused company that is well positioned to prosper as the economy and the markets we serve improve,” said Henry. “I’d like to thank our employees for their hard work through 2010; it is your commitment and enthusiasm that makes Tarpon a Best Managed company.”

“Today’s market place is not just about the investment in the product; it is also about the investment in the people,” said John Hughes, Partner, Private Company Services, Deloitte. “Tarpon invests in their team to build up a strong and stable company. Canada’s 50 Best Managed Companies carries this attribute and we are pleased to say Tarpon is one of this year’s recipients. We would like to congratulate Tarpon and its entire workforce. Achieving Canada’s highest level of Canadian business excellence takes a united effort and we are privileged to acknowledge such a strong team.”