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Precision Drilling Files Important Management Circular Details

Precision Drilling Files Important Management Circular Details

Precision Drilling Corporation Files Management Information Circular

Precision Drilling Corporation (TSX:PD; NYSE:PDS) has officially filed its Management Information Circular in anticipation of its critical Annual and Special Meeting of Shareholders. This Circular is a vital document that provides detailed information regarding the upcoming meeting and offers valuable insights for shareholders.

Upcoming Virtual Annual Meeting Details

The Annual Meeting is scheduled for May 15, 2025, at 10:00 a.m. Mountain Time. This year, Precision Drilling is adopting a virtual-only format for the meeting, enabling shareholders from various locations to participate conveniently. Shareholders will have the opportunity to engage with the proceedings, ensuring a more inclusive experience for all involved.

Participation and Voting Information

To join the meeting, shareholders can log in online. It’s crucial for registered shareholders to confirm their participation as those who held shares by the record date of March 28, 2025, will be eligible to vote during the meeting. Furthermore, non-registered shareholders, also known as beneficial holders, must take the necessary steps to appoint themselves as proxyholders to ensure their voices are heard and their votes counted.

Understanding Precision's Commitment to Excellence

Precision Drilling stands at the forefront of the energy industry, recognized for its commitment to safety and environmental responsibility. With a diversified portfolio that includes high-performance drilling services, Precision leverages cutting-edge technologies like Alpha™, which incorporates advanced automation and analytics, to deliver results that meet the evolving demands of the energy sector.

Environmental Solutions Offered

The company’s EverGreen™ suite of solutions showcases its dedication to minimizing operational environmental impacts while optimizing performance. This commitment positions Precision Drilling as a leader in sustainable drilling practices.

Comprehensive Support Services

In addition to drilling services, Precision provides well service rigs, supportive camps, and a range of rental equipment. These services are complemented by a robust offering of technical support backed by a highly skilled team committed to customer satisfaction and operational excellence.

Headquarters and Exchange Listings

Based in Calgary, Alberta, Canada, Precision operates under the trading symbols “PD” on the Toronto Stock Exchange and “PDS” on the New York Stock Exchange. This dual listing reflects the company's expansive reach in the markets.

Contact Information for Shareholders

For questions concerning the Annual Meeting or to seek guidance on participation, shareholders are encouraged to reach out to the investor relations team. Lavonne Zdunich, the Vice President of Investor Relations, is available at 403.716.4500 for assistance.

Head Office

Precision Drilling Corporation
800, 525 - 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1

Frequently Asked Questions

What is the date of the upcoming Annual Meeting?

The Annual Meeting is scheduled for May 15, 2025, at 10:00 a.m. Mountain Time.

How can shareholders participate in the virtual meeting?

Shareholders can participate by logging in online at the provided link in the Management Information Circular.

What should non-registered shareholders do to vote?

Non-registered shareholders must appoint themselves as proxyholders to vote by writing their name on the voting instruction form provided by their intermediary.

Where can I find more information about Precision Drilling?

More information can be found on the company's official website or by contacting their investor relations team.

What are the trading symbols for Precision Drilling?

Precision Drilling is listed on the TSX under the symbol 'PD' and on the NYSE under 'PDS'.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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