NYSE: PDS 2.57 ( -0.13 ) -4.82% Volume: 1,830,290 August 21, 2017
TSX: PD 3.24 ( -0.14 ) -4.14% Volume: 1,084,878 August 21, 2017
legal-notice

General Disclaimer

Your use of this website constitutes your agreement to the terms and conditions set out below and as otherwise set out in this website. If you do not agree with these terms and conditions, please leave this website immediately. All information, advice and other content on this website is intended to be general in nature, is for informational purposes only and is provided on an “as is”, “as available” basis for your personal, non-commercial use. You should not rely on any of the content on this website in connection with the making of any decisions. This website may be changed or updated at any time, without notice. Precision Drilling Corporation, its affiliates, subsidiaries and the respective directors, officers, employees and agents of each (collectively “Precision”) expressly disclaim any liability for errors or omissions in relation to the information contained on this website. Precision expressly disclaims all warranties or guarantees of any kind, express or implied, including, without limitation, warranties of merchantability, warranty of non-infringement, fitness for a particular purpose or freedom from computer viruses or other destructive programs. The internet is not a fully secure medium of communication and accordingly privacy cannot be ensured.

Information on this website is deemed to be provided in Alberta, Canada and is subject to all applicable laws, including the laws of the Province of Alberta. All disputes or claims arising out of use of this website shall be subject to the jurisdiction of the Alberta courts.

Liability

In consideration of your use of Precision’s website, you agree to indemnify, defend and hold Precision harmless against any damages, claims, liabilities, costs or other losses (of any kind) arising out of or related to your use of this website, including, without limitation, any of the content contained within or accessed through this website. Without limiting the foregoing, Precision shall not be liable for any damages, claims, liabilities, costs or other losses (of any kind), including, without limitation, direct or indirect, special, punitive, incidental or consequential damages, loss of use, loss of data, loss of profit or other business opportunities, arising in connection with this website or your use of this website, even if Precision is aware of the possibility of such damages, liabilities, costs or other losses.

Third Party Links

In the event that this website contains links to a third party website, such links are provided for informational purposes only and Precision accepts no responsibility or liability for the content of such third party websites. If you choose to access any third party links from Precision’s website, you do so entirely at your own risk.

Disclosure Regarding Forward-Looking Information and Statements

Certain statements contained in this website, and the documents included herein, including statements concerning the financial condition, results of operations and business of Precision, and also information related to future crude oil and natural gas prices, estimated capital expenditures, equipment utilization levels, pricing competition in the Canadian drilling industry, future natural gas supply growth, drilling activity in Canada and the United States, expansion in the United States, projected growth of the Completion and Production Services and the Contract Drilling Services segments and statements that contain words such as "could", "should", "can", "anticipate", "expect", "believe", "will", "may" and similar expressions and statements relating to matters that are not historical facts constitute "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 (collectively "forward-looking information and statements"). These statements include, but are not limited to projections of future drilling rig inventories and plans therefor; projected growth rates capable of being sustained from Precision's asset base in the future; statements as to seasonal and weather conditions affecting the Canadian oil and natural gas industry and the demand for Precision's services.

These statements are based on certain assumptions and analysis made by Precision in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate in the circumstances. However, whether actual results, performance or achievements will conform to Precision's expectations and predictions is subject to a number of known and unknown risks and uncertainties which could cause actual results to differ materially from Precision's expectations. Such risks and uncertainties include, but are not limited to: fluctuations in the price and demand for oil and natural gas; fluctuations in the level of oil and natural gas exploration and development activities; fluctuations in the demand for well servicing, contract drilling and ancillary oilfield services; the effects of weather conditions on operations and facilities; the existence of competitive operating risks inherent in well servicing, contract drilling and ancillary oilfield services; general economic, market or business conditions; changes in laws or regulations; actions by governmental authorities that increase taxes or royalties, changes in environmental, currency and other laws and regulations; renegotiations of contracts; results of litigation, arbitration or regulatory proceedings; increase in tax liability as a result of previous transactions; lack of access to additional financing; the effect of customer merger and acquisition activity; the lack of availability of qualified personnel or management; and other unforeseen conditions which could impact the use of services supplied by Precision. Additional risk factors that may affect future results are contained in Precision’s current Annual Report and Annual Information Form.

Consequently, all of the forward-looking information and statements made in this website are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by Precision will be realized or, even if substantially realized, that they will have the expected consequences to or effects on Precision or its business or operations.

Except as may be required by law, Precision assumes no obligation to update publicly any forward-looking information and statements, whether as a result of new information, future events or otherwise. While Precision updates the information on this website regularly, Precision cannot guarantee the accuracy, currency or completeness thereof and any use of such information on this web site is at the user's risk.

Copyright

All content on this website is protected by applicable laws, including, without limitation, copyright, trademark and other intellectual property laws. Any unauthorized use, including, without limitation, reproduction of content on this website, in whole or in part, for the purposes of commercial redistribution, is prohibited, except with prior written permission from Precision. Any trademarks and logos displayed on this website are intended by Precision for access only in jurisdictions where lawful. For further clarity, the “Precision Drilling” mark and logo and associated marks and logos are intended only for access in Canada and the United States. Except when noted, trademarks and logos displayed on this web site belong to Precision and may not be used without its prior written permission.