Precision Drilling Corporation

Precision Drilling Corporation

September 18, 2017 13:11 ET

Precision Drilling Hits US$150,000 Donation Target in Support of U.S. Gulf Coast Relief Efforts

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2017) - Precision Drilling Corporation ("Precision" or "The Company") (TSX:PD)(NYSE:PDS) is pleased to announce that it has successfully raised US$150,000 in support of relief efforts in the Houston and Gulf Coast region thanks to the generous donations from The Company's employees and directors. As previously announced, Precision donated US$50,000 to the American Red Cross and pledged to match employee donations to organizations involved in supporting relief efforts up to US$50,000.

Over the past two weeks, Precision employees have also graciously volunteered their personal time in addition to participating in The Company's paid leave charitable work program to help with flood recovery efforts. The Company would like to thank those who donated and also thank those who have, and continue to participate in efforts to aid individuals who were affected by Hurricane Harvey.

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 and snubbing rigs, camps, rental equipment, and wastewater 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".

Contact Information

  • Carey Ford
    Senior Vice President & Chief Financial Officer

    Ashley Connolly
    Manager, Investor Relations

    Precision Drilling Corporation
    800, 525 - 8th Avenue S.W.
    Calgary, Alberta, Canada T2P 1G1