Precision Drilling Corporation 2012 Second Quarter Results Conference Call and Webcast

CALGARY, ALBERTA--(Marketwire - July 3, 2012) -

Precision Drilling Corporation (TSX:PD) (NYSE:PDS) ("Precision") intends to release its 2012 second quarter results before the market opens on Wednesday, July 25, 2012 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.

The conference call dial in numbers are 866-226-1793 or 416-340-2218.

A live webcast of the conference call will be accessible on Precision's website at www.precisiondrilling.com by selecting "Investor Centre", then "Webcasts". Shortly after the live webcast, an archived version will be available for approximately 30 days.

An archived recording of the conference call will also be available approximately one hour after the completion of the call until August 1, 2012 by dialing 800-408-3053 or 905-694-9451, passcode 6963179.

About Precision

Precision is a leading provider of safe and High Performance, High Value services to the oil and gas industry. Precision provides customers with access to an extensive fleet of contract drilling rigs, directional drilling services, well service & snubbing rigs, coiled tubing services, camps, rental equipment, and water treatment units backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision is headquartered in Calgary, Alberta, Canada. Precision is listed on the Toronto Stock Exchange under the trading symbol "PD" and on the New York Stock Exchange under the trading symbol "PDS".