Precision Drilling Corp. intends to release its 2021 second quarter results before the market opens on Thursday, July 22, 2021, 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 An archived version of the webcast will be [...]
Precision Drilling Corp. announced today the closing of its previously announced private offering of US$400 million aggregate principal amount of 6.875% Senior Notes due 2029 , issued at a price equal to 99.253% of the face value, in a transaction that was exempt from the registration requirements of the U.S. Securities Act of 1933, as amended . The Notes are guaranteed on a senior unsecured basis by current and future [...]
Precision Drilling Corp. announced today that it has priced US$400,000,000 aggregate principal amount of its 6.875% Senior Notes due 2029 , issued at a price equal to 99.253% of the face value, in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended . The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries [...]
Precision Drilling Corp. announced today that it intends, subject to market and other conditions, to offer US$400,000,000 aggregate principal amount of senior notes due 2029 in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended . The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee [...]
Precision Drilling Corp. is pleased to announce the results of the election of board members at its 2021 Annual Meeting of Shareholders held on May 13, 2021 . Shareholders approved the election of all 8 of the nominee directors presented in the Company's Management Information Circular, dated March 31, 2021. The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows [...]
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 EBITDA, Covenant EBITDA [...]
Precision Drilling Corp. intends to release its 2021 first quarter results before the market opens on Thursday, April 22, 2021, 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 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. CALGARY, Alberta, March 31, 2021 [...]
Precision Drilling Corp. announced 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 . Precision's 2020 Annual Report contains the audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2020. Precision's financial results for the year ended [...]
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 EBITDA, Covenant EBITDA [...]
Precision Drilling Corp. intends to release its 2020 fourth quarter results before the market opens on Wednesday, February 10, 2021 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 [...]
Precision Drilling Corp. provides a series of announcements including: 1) debt repayment update; 2) increase in long-term debt reduction target; 3) liquidity update; and 4) drilling activity update. Debt Repayment Update Following additional open market repurchases of its unsecured senior notes in the fourth quarter, Precision’s 2020 debt repayments totaled $170 million, exceeding the high end of its 2020 annual targeted [...]