Precision Drilling

Precision Drilling Corporation
Public
Traded as NYSE: PDS
TSX: PD
Industry Oil Well Services
Founded 1969
Headquarters Calgary, Alberta, Canada
Key people
CEO: Kevin A. Neveu (2008)
Products Oil field services and rentals
Revenue $2.3 billion USD (2004)
Number of employees
9,365 (2008)[1]
Website www.precisiondrilling.com

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies. Operations expanded from 3 drilling rigs in 1984 to over 240+ drilling rigs and worldwide operations.

Business units


*Precision Energy (including Computalog Ltd and Reeves Wireline) was sold to Weatherford International in 2005.

History

Early years

Reverse takeover and growth

Diversification

Incorporation and world expansion

Trust and stock market

See also

References

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