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Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Precision Drilling Inc is a Canada-based drilling company. The Company is engaged in the exploration and production of oil and natural gas. Its services include North American drilling, international drilling, oilfield equipment rentals, camp & catering services. The Company technology includes AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen.


TSX:PD - Post by User

Post by DeanEdmontonon Oct 28, 2022 1:41pm
268 Views
Post# 35056370

New Wells in Northern Alberta

New Wells in Northern AlbertaFull cost recovery on new wells in less than 60 days of production. As long as the oil companies can get that fast a pay back they will keep drilling. There are also a ton of work overs being done. Both PD and ESI are fully booked, biggest issue is labour shortage. Neither stock are long term holds but good for trading.
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