Precision Drilling Corp. today announced that it has terminated the arrangement agreement dated October 5, 2018 with Trinidad Drilling Ltd. following the announcement by Ensign Energy Services Inc. that it had taken up 56.38% of the outstanding common shares of Trinidad pursuant to its unsolicited offer to purchase and takeover bid circular. Accordingly, payment of the termination fee in the amount of $20,000,000 is now [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corp. today [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corp. today [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corp. today made [...]
Precision Drilling Corp. is pleased to announce that Precision and Trinidad Drilling Ltd. have each filed a joint management information circular and proxy statement for their respective special securityholders' meetings to be held on December 11, 2018 in connection with the previously announced strategic combination of Precision and Trinidad . Pursuant to the Arrangement, Precision has agreed to acquire all of the issued [...]
Precision Drilling Corp. today announced that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending acquisition of Trinidad Drilling Ltd. . The termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the pending acquisition. This marks a significant [...]
This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to Adjusted [...]
Precision Drilling Corp. intends to release its 2018 third quarter results before the market opens on Thursday, October 25, 2018 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT on the same day. The conference call dial in numbers are 844-515-9176 or 614-999-9312 or a live webcast is accessible on our website at www.precisiondrilling.com An archived version of the webcast will be [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corp. is pleased to announce that it has entered into an [...]
Precision Drilling Corp. is pleased to announce the addition of David W. Williams to its Board of Directors. Mr. Williams has over 35 years of experience in the offshore drilling industry having most recently served as Chairman, President and Chief Executive Officer of Noble Corporation from January 2008 to January 2018. Prior to joining Noble in 2006, Mr. Williams served as Executive Vice President of [...]
Precision Drilling Corp. will be attending the Peters & Co. Limited 2018 Energy Conference which is taking place September 11-13, 2018 in Toronto, Canada. Mr. Carey Ford, Senior Vice President and Chief Financial Officer, is scheduled to present at 8:30 a.m. Eastern time on Tuesday, September 11, 2018. Precision has also posted an updated investor presentation on its website including updated activity and outlook [...]
CALGARY, Alberta, July 26, 2018 -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release [...]
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