Success of Precision Drilling
THE SUCCESS OF PRECISION DRILLING CORPORATION Introduction Precision Drilling Corporation is a successful international oilfield drilling and energy service company. They commenced operations approximately 40 years ago with a single drilling rig. Precision Drilling is globally one of the largest oilfield operations, with 501 actively marketed rigs that operate world wide. A series of acquisitions have been made to position Precision as one of the leading providers in all aspects of contract drilling and technological services. Story of Success In the mid 1980’s, Precision was known as a three-rig drilling contractor with $4 million in annual revenue.