1961-1965
Precision begins international operating partnerships in Mexico, Australia, Timor, New Guinea and Sumatra
1965
Precision initiates major modernization and standardization program for its drilling equipment
1990
Precision manufactures the 9SE Slant Rig (capable of drilling up to 2500m), launching the highly efficient Super Series family of rigs
1993
Precision adds Camp and Catering services to support its rig operations
1996
Precision adds Well Servicing and Completion Services to its service lines
1996
Precision enhances the company’s repair and maintenance capabilities with acquisition of Rostel Industries
1997
Precision adds oilfield rental equipment to its service lines
2008
Precision acquires Grey Wolf in the U.S., the country’s fourth largest land driller, gaining full geographic coverage of the U.S. market and adding over 100 drilling rigs to Precision’s fleet
2011
Precision adds Directional Drilling to its service lines with the acquisitions of Drake Directional/Drake MWD (U.S.) and Axis Energy Services (CAN)