Precision Drilling Corporation to Participate in the 5th Annual Canaccord Genuity Global Energy Conference in Miami, Florida

CALGARY, ALBERTA--(Marketwire - Oct. 6, 2011) - Precision Drilling Corporation ("Precision") will be attending the 5^th Annual Canaccord Genuity Global Energy Conference which is taking place October 12-13, 2011 in Miami, Florida. Mr. Rob McNally, Executive Vice President & Chief Financial Officer, is scheduled to present at 2:00 p.m. Eastern time (12:00 p.m. Mountain time) on Thursday, October 13, 2011.

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 Shortly after the live webcast, an archived version of the webcast will be available for approximately 30 days.

About Precision

Precision is a leading provider of safe and High Performance, High Value services to the North American oil and gas industry. Precision provides customers with access to an extensive fleet of contract drilling rigs, service rigs, directional drilling services, camps, snubbing units, water treatment units and rental equipment 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".