Precision Drilling Bags RWS Service Rigs

Precision Drilling Corporation has entered into an agreement on July 18, 2008 to acquire six service rigs and related equipment from Rick's Well Servicing Ltd. RWS is a privately owned company based in Virden, Manitoba.

Rick Mailhiot, President of RWS, has agreed to join the Precision Well Servicing division as Area Manager. In addition, all other current RWS employees will be offered opportunities with Precision.

The acquisition will strengthen Precision's high-performance, high-value capabilities in the region. These rigs will continue to be focused on the Bakken and Sinclair plays in southeastern Saskatchewan and south-western Manitoba. The acquisition is expected to close on July 31, 2008.

 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Drilling Engineer
Expertise: Drilling Engineering
Location: Tulsa, OK
 
Quality Control Manager
Expertise: QA / QC / Inspection
Location: Dallas, TX
 
Electro-Motor Mechanic
Expertise: Electrical Technician|Mechanical Technician
Location: Beaumont, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours