Precision Drilling

Precision Drilling Corporation is Canada's largest oilfield services company and ranks among the largest in the United States, with an expanding international presence. The company specializes in providing contract drilling, well servicing, and strategic support services to oil and natural gas exploration and production companies. Its contract drilling services encompass the operation of drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment. In addition, Precision offers completion and production services, which include service rigs, oilfield equipment rental, and camp and catering services. The company is committed to delivering safe, high-performance, and high-value services, leveraging its expertise, equipment, and knowledge to create value for its customers.

Carey Ford

CFO, Finance

2 past transactions

CWC Energy Services

Acquisition in 2023
CWC Energy Services Corp. is a Canadian oilfield services company that specializes in contract drilling and well servicing for oil and gas exploration and development firms, primarily in the Western Canadian Sedimentary Basin and select U.S. basins. The company operates in two main segments: Contract Drilling and Production Services. It offers a comprehensive range of services including drilling rigs, service rigs, swabbing rigs, and coil tubing, as well as completion, maintenance, workover, and well decommissioning services. CWC Energy Services maintains a diverse fleet consisting of 9 telescopic double drilling rigs with depth capabilities of 3,200 to 5,000 meters, 145 service rigs, 12 swabbing rigs, and 9 coil tubing units. The company, headquartered in Calgary, Canada, was formerly known as CWC Well Services Corp. before rebranding in May 2014.

Grey Wolf

Acquisition in 2008
GreyWolf is a prominent provider of contract land drilling services in the United States, specializing in the drilling of oil and gas deposits. The company's operations are significantly influenced by historical and current trends in oil and gas prices, as well as forecasts for future prices in the markets where it operates. This approach allows GreyWolf to effectively support its customers in meeting market demand for energy resources.
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