Post Tagged with: "Precision Drilling"

Precision Drilling Corporation Announces Executive Changes

Precision Drilling Corporation Announces Executive Changes

Precision Drilling Corporation Announces Organizational Changes

Precision Divests Mexican Rig Fleet, Water Ops

Precision Divests Mexican Rig Fleet, Water Ops

Precision Drilling Announces Asset Divestitures, Senior Note Redemption and Provides International Contract Update

March 18, 2019 - 6:00 am Closing Bell Story‎, Finance, Press Releases
Precision Drilling Updates CapEx, Debt Repayment, 2019 Strategic Priorities

Precision Drilling Updates CapEx, Debt Repayment, 2019 Strategic Priorities

Precision Drilling Announces 2019 Capital Expenditure Plan, Debt Repayment Update, 2019 Strategic Priorities and Expected Goodwill Impairment

Precision Drilling Seeks $20 Million Termination Fee from Trinidad Drilling

Precision Drilling Seeks $20 Million Termination Fee from Trinidad Drilling

Precision Drilling Terminates Arrangement Agreement With Trinidad Drilling Requiring Payment of Termination Fee Following Ensign Take-Up

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

Precision Drilling Appoints New Executives

Precision Drilling Corporation (NYSE: PDS) announced the appointment of Shuja Goraya as Chief Technology Officer and the appointment of Darren Ruhr as Chief Administrative Officer.

Mr. Shuja Goraya as Chief Technology Officer will lead the strategic drilling technology initiatives designed …

Precision Drilling Lands New Kuwait Contract

Precision Drilling Lands New Kuwait Contract

Precision Drilling Corporation announces Kuwait contract award and activity update

Precision Announces $75 Million in Senior Note Redemptions

Precision Announces $75 Million in Senior Note Redemptions

From Globe NewsWire

Precision Drilling Corporation (“Precision”) (TSX:PD) (NYSE:PDS) announced today that it expects to complete on June 15, 2018 a partial redemption of US$50 million principal amount of its 6.50% senior notes due 2021.  In addition, Precision has made …

June 12, 2018 - 4:48 pm Canada, Closing Bell Story‎, Energy News, Finance
Precision Drilling Reports Increase in Business

Precision Drilling Reports Increase in Business

Contract drilling rig and services provider Precision Drilling Corporation (ticker: PDS) reported its active rigs have increased by 16% compared to end of Q3 2017, the company said in an update.

Precision currently has 64 rigs active in the U.S., …

Precision Drilling Adds New Director

Precision Drilling Adds New Director

Calgary’s Precision Drilling Corporation (ticker: PDS) has added Michael R. Culbert to its board of directors.

Culbert is vice chairman of Progress Energy Canada Ltd, a wholly owned Canadian subsidiary of PETRONAS that is focused on the development of unconventional …

December 1, 2017 - 3:59 pm Canada, Closing Bell Story‎, Oilfield Services, People
Precision Drilling Trades its Coil Tubing Business for a Service Rig Business

Precision Drilling Trades its Coil Tubing Business for a Service Rig Business

Precision Drilling announces swap with Essential Energy Services

Calgary-based Precision Drilling Corp. (ticker: PDS) announced Tuesday that the company will swap its Canadian Coil Tubing operations for Essential Energy Services’ (ticker: ESN) service rig business. In addition to the swap …

U.S., Canada Getting Back to Work:  North American Rig Count Jumps by 57

U.S., Canada Getting Back to Work: North American Rig Count Jumps by 57

Three U.S. plays are more active than Dec. 2015, Canadian rig count 32% higher than 2015

The number of rigs drilling in North America increased by 57 rigs over the course of the week as oil prices remain above $50 …

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

Precision Drilling Announces its 2017 CapEx Plan

Precision Drilling has 110 drilling rigs currently running in North America: seeing strengthening demand – 45 rigs under contract for 2017; company has filled 1,000 positions

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 …

Precision Drilling Corporation Announces 2015 Fourth Quarter Dividend and 2015 Third Quarter Financial Results

Precision Drilling Corporation Announces 2015 Fourth Quarter Dividend and 2015 Third Quarter Financial Results

Additional Announcements Include Asset Write Downs, International Contract Award, 2016 Capital Expenditure Plan, and Amendment to Revolving Credit Facility

CALGARY, ALBERTA–(Marketwired – Oct. 22, 2015) –

(Canadian dollars except as indicated)

This news release contains “forward-looking information and statements” within

October 22, 2015 - 3:50 pm Canada, Energy News
Drill Rig in Alaska - Oil & Gas 360

Precision Drilling Announces Q1 Results, Q2 Dividend

PRECISION DRILLING CORPORATION ANNOUNCES 2015 SECOND QUARTER DIVIDEND, 2015 FIRST QUARTER FINANCIAL RESULTS

(Canadian dollars except as indicated)

This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking

April 27, 2015 - 10:15 am Canada