| Business Summary | | Precision
Drilling
Corporation
is
an
integrated
oilfield
drilling
and
energy
service
company
that
provides
land
drilling,
well
servicing
operations,
industrial
process
services
and
rental
of
oilfield
equipment.
Precision
Drilling
has
a
worldwide
fleet
consisting
of
over
220
drilling
rigs
with
depth
capacities
up
to
7600m
including
14
with
slant
capabilities
and
24
equipped
with
top
drives.
The
Company
operates
in
three
industry
segments:
Contract
Drilling
Services,
Oilfield
Specialty
Services,
and
Rental
and
Production
Services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Precision
Drilling
provides
oilfield
and
industrial
services
in
Canada
and
internationally.
The
services
include
land
drilling,
well
servicing
operations,
industrial
process
services
and
rental
of
oilfield
equipment.
For
the
six
months
ended
6/30/01,
revenues
rose
68%
to
C$1.02
billion.
Net
income
totaled
C$111.5
million,
up
from
C$52.1
million.
Results
reflect
higher
revenues
generated
from
the
Technology
Services
Group
and
improved
pricing
in
most
of
the
product
lines. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Hank Swantout | Chairman,
Pres and CEO | Dale Tremblay | Sr.
VP, Fin. and CFO | J. Goertzen | Sr.
VP, Bus. Devel. | Dwayne Peters | Sr.
VP, Operations Canadian Drilling | Nick McNulty | VP,
Fin. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|