Command Drilling Reschedules Special Meeting

Command Drilling Corporation has postponed and rescheduled the Special Meeting of Command shareholders to be held December 27, 2001 instead of December 7, 2001 as previously announced. The Special Meeting was called in response to a request for such a meeting by CanFund VE Investors, L.P., who currently owns approximately 17.6% of the outstanding shares of Command, but prior scheduling was considered unworkable in view of the offer to purchase by 19552 Yukon Inc. which is set to expire on November 9, 2001.

Command has established November 22, 2001 as the record date for the purpose of determining shareholders entitled to receive notice of the rescheduled Special Meeting.