Precision Announces the Release of 2020 Corporate Responsibility Report
September 14 2020 - 5:26PM
Precision Drilling Corporation (“Precision” or the “Company”)
(TSX:PD; NYSE:PDS) announced the release of its 2020 Corporate
Responsibility Report, detailing the performance of Precision’s
environmental, social and governance (ESG) initiatives. Through
equipment and process standardization and scalable application of a
robust digital technology portfolio, Precision’s operations deliver
consistency, reliability and efficiency, which not only lowers
costs for customers, but also enables the Company to minimize its
environmental impact. The Company’s social and community
involvement, and governance initiatives, have enhanced its
corporate brand, minimized the potential impact of unforeseen
business interruptions, and serve to enhance its ability to recruit
and retain the highest quality personnel. This Corporate
Responsibility Report will be a valuable tool for investors and
stakeholders to review Precision’s material ESG initiatives,
performance and opportunities.
Key highlights from Precision’s reported results include:
- Investing in our Super Series Rigs and Alpha technologies,
where unique alignment exists among reducing operating costs,
environmental footprint and GHG emissions.
- Awarded the Data Insights Optimization Award by Hitachi for
increasing efficiencies and reducing environmental footprint.
- Participating in several “Green” partnerships including a
geothermal technology project aimed at sustainable emission-free
energy alternatives.
- Continuing our unwavering focus on the health and safety of our
people and our stakeholders.
- Supporting an inclusive workplace which provides equal
opportunity to all staff members.
- Maintaining a leading role supporting our communities and
numerous charitable initiatives.
- Commitment to our robust governance practices throughout the
organization.
A copy of the report can be accessed on Precision’s website at
www.precisiondrilling.com/corporate-responsibility/
About PrecisionPrecision is a leading provider
of safe and High Performance, High Value services to the oil and
gas industry. Precision provides customers with access to an
extensive fleet of Super Series drilling rigs supported by an
industry leading technology platform that offers the most
innovative drilling solutions to deliver efficient, predictable and
repeatable results through service differentiation. Precision also
offers well service rigs, camps and rental equipment and
directional drilling services all backed by a comprehensive mix of
technical support services and skilled, experienced personnel.
Precision is headquartered in Calgary, Alberta, Canada. Precision
is listed on the Toronto Stock Exchange under the trading symbol
“PD” and on the New York Stock Exchange under the trading symbol
“PDS”.
For further information, please contact:
Carey Ford, CFASenior Vice President and Chief
Financial Officer713.435.6136 Dustin Honing, CPAManager, Investor
Relations & Corporate Development403.716.4515 Precision
Drilling Corporation800, 525 - 8th Avenue S.W.Calgary, Alberta,
Canada T2P 1G1Website: www.precisiondrilling.com
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