Precision Drilling Corp.

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News

“This acquisition significantly expands our well servicing division with high quality rigs and field personnel, strategic regional…

Digital well plans and high-definition data can help operators make sense of the advanced technology on rig sites.

The brand launch of EverGreen will bolster Precision Drilling’s commitment to reduce the environmental impact of oilfield operations,…

Just 18 rigs were active last week in the world’s fourth-largest oil-producing country, a fraction of even the depressed levels of a…

Doug Evasiuk, senior vice president of sales and marketing and officer of the company, retired at the end of June, capping a…

New Financings

Report Date Type Amount (MM) Description
2021-06-15 Precision Drilling Corp. Debt $400.00

Closed private offering of 6.875% Senior Notes due 2029 issued at a price equal to 99.253% of the face…

Report Date Type Amount (MM) Description
2019-03-18 Precision Drilling Corp. Redemption $30.00

Precision Drilling announced transactions to divest five of its Mexico based drilling rigs and water…

Report Date Type Amount (MM) Description
2018-12-13 Precision Drilling Corp. Debt $150.00

Precision Drilling Corp. announced the completion with our lenders of a one-year maturity extension of…

Report Date Type Amount (MM) Description
2014-05-28 Precision Drilling Corp. - 2014-05-28 Debt $400.00

Offered notes, due 2024, in private placement. Proceeds will support general corporate purposes.

Report Date Type Amount (MM) Description
2014-05-28 Precision Drilling Corp. - 2014-05-28 Debt $650.00

Revolving credit facility was downsized from $850 million.

Transactions

Report Date Amount (MM) Description
2022-07-18 CA$38.20

Precision Drilling Acquires High Arctic's Well Servicing, Rentals Division

Precision Drilling Acquires High Arctic's Well Servicing, Rentals Division

Report Date Amount (MM) Description
2021-07-23 CA$6.35

Cathedral Energy Services Acquires Precision’s Directional Drilling Business

Cathedral Energy Services Acquires Precision’s Directional Drilling Business

Report Date Amount (MM) Description
2019-03-18

Precision Drilling Divests Water Treatment Business Terra Water Systems

Precision Drilling Divests Water Treatment Business Terra Water Systems

Report Date Amount (MM) Description
2016-12-19

Precision Drilling Entered Into Swap Agreement

Precision Drilling Entered Into Swap Agreement

Report Date Amount (MM) Description
2014-06-17

Precision Drilling Announces Divestiture Of Trucking Assets

Precision Drilling Announces Divestiture Of Trucking Assets