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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

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Precision Drilling Corporation (PDS) has filed its 2023 Annual Report with audited financial statements and management's discussion. The financial results for 2023 were previously released. The Annual Report is available on SEDAR+ and Form 40-F on the SEC's EDGAR system. The company's 2024 Annual and Special Meeting of Shareholders will be held virtually on May 16, 2024.
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CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) announces that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission (SEC).

Precision’s 2023 Annual Report contains the audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2023. Precision’s financial results for the year ended December 31, 2023 were previously released on February 6, 2024.

Precision’s Annual Report and Annual Information Form have been filed on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR+) and on Form 40-F on the SEC’s Electronic Data Gathering, Analysis and Retrieval (EDGAR) system.

The documents described above are also available on Precision’s website at www.precisiondrilling.com or by emailing Precision at info@precisiondrilling.com.

Precision’s 2024 Annual and Special Meeting of Shareholders will be held in a virtual-only format at 10:00 a.m. MDT on Thursday, May 16, 2024.

About Precision

Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Our drilling services are enhanced by our EverGreen™ suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations. Additionally, Precision offers well service rigs, camps and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

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

Additional Information

For more information about Precision, please visit our website at www.precisiondrilling.com or contact:

Lavonne Zdunich, CPA, CA
Vice President, Investor Relations
403.716.4500

800, 525 - 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1
Website: www.precisiondrilling.com


Precision Drilling Corporation filed its annual disclosure documents on March 04, 2024.

Precision Drilling Corporation's 2023 Annual Report contains audited consolidated financial statements and management's discussion for the year ended December 31, 2023.

The documents filed by Precision Drilling Corporation can be accessed on SEDAR+ and Form 40-F on the SEC's EDGAR system or on Precision's website at www.precisiondrilling.com.

Precision Drilling Corporation's 2024 Annual and Special Meeting of Shareholders will be held in a virtual-only format at 10:00 a.m. MDT on Thursday, May 16, 2024.
Precision Drilling Corp

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Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
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Industrial Services, Contract Drilling, Mining, Quarrying, and Oil and Gas Extraction, Drilling Oil and Gas Wells
Canada
Calgary

About PDS

precision drilling corporation is canada's largest oilfield services company, and one of the largest in the united states. pd also has a growing presence internationally with operations in mexico, saudi arabia, iraq, kuwait and the united arab emirates. precision specializes in contract drilling, well servicing and strategic support services. precision supplies on-the-ground expertise - people, equipment and knowledge - to provide value to our customers on a daily basis. precision drilling ltd. was founded as a private drilling contractor in the early 1950s and has grown to be one of the largest oilfield service providers in north america. precision operates a versatile fleet of high performance land rigs capable of drilling a range of shallow to very deep or extended-reach wells in canada, the united states and internationally. the fleet has been expanded through a combination of new build rigs and corporate acquisitions.