Roughneck Mag

Tag: Precision

10 Years Ago – PRECISION CHAMPIN’ AT DRILL BIT
10 Years Ago

10 Years Ago – PRECISION CHAMPIN’ AT DRILL BIT

SUNDAY, AUGUST 31, 2008 has been circled on calendars at Precision Drilling Trust for quite a long time. That’s the date when the non-compete agreement with Weatherford International Ltd. expires and Precision can pursue an international growth plan. It was about three years ago when Precision sold its considerable international business to Weatherford for $2.28billion…