CALGARY, Alberta, July 29, 2025 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward- looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earni ...

Company Overview - Precision Drilling Corporation is a leading provider of safe and environmentally responsible services to the energy industry, offering access to an extensive fleet of Super Series drilling rigs [4] - The company has commercialized an industry-leading digital technology portfolio known as Alpha™, which utilizes advanced automation software and analytics to deliver efficient, predictable, and repeatable results for energy customers [4] - Precision also provides well service rigs, camps, and rental equipment, supported by a comprehensive mix of technical support services and skilled personnel [4] Upcoming Financial Results - Precision intends to release its 2025 second quarter results after the market closes on Tuesday, July 29, 2025 [1] - A conference call is scheduled for 11:00 a.m. MT (1:00 p.m. ET) on Wednesday, July 30, 2025, to discuss the results [1] - Participants can register for the conference call to receive a dial-in number and unique PIN for questions [1] Webcast and Replay - The conference call will also be webcast, and a replay will be available on Precision's website for 12 months [2]

Core Points - Precision Drilling Corporation successfully elected all eight nominee directors at its 2025 Annual and Special Meeting of Shareholders, with seven being independent [1] - The voting results showed high approval rates for the nominee directors, with William T. Donovan receiving 97.27% of votes in favor and Lori A. Lancaster receiving 98.62% [2] - All other business items, including the advisory vote on executive compensation, were also approved at the meeting [2] Company Overview - Precision Drilling is a leading provider of high-performance and environmentally responsible services to the energy industry, featuring an extensive fleet of Super Series drilling rigs [4] - The company has developed a digital technology portfolio known as Alpha™, which employs advanced automation software and analytics to enhance operational efficiency [4] - Precision also offers a suite of environmental solutions called EverGreen™, aimed at minimizing the environmental impact of its operations [4] - The company is headquartered in Calgary, Alberta, Canada, and is publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbols "PD" and "PDS" respectively [5]