Bullboard - Stock Discussion Forum Precision Drilling Corp T.PD

Alternate Symbol(s): PDS

Energy Oil & Gas Drilling

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.

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TSX:PD - Post Discussion

Precision Drilling Corp > New Wells in Northern Alberta

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Post by DeanEdmonton on Oct 28, 2022 1:41pm

New Wells in Northern Alberta

Full 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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