Precision Drilling moves to cut costs and capital spending plan
Lowering to $48 million, compared with earlier expectations for $95 million.
Ensign moves up Trinidad bid deadline; target prefers Precision Drilling offer
Ensign insists the cash value of its offer of about $470 million now outweighs the all-shares offer by Precision.
Precision Drilling writes down assets
Calgary company says capital budget will plunge in 2016.
Precision Drilling lowers spending, sells part of US operation
Announcement comes as the oilfield services industry and energy producers grapple with a dramatic decline in oil prices.
Aveda Transportation buys Precision Drilling’s rig moving assets
Oil services and equipment provider says US$24 million acquisition will enhance its US assets.