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Precision Drilling Trust - Company Profile Snapshot

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Company Profile: Precision Drilling Trust
Ticker: PD.UN
Exchanges: NYSE TOR
2008 Sales: 1,101,900,000
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Miscellaneous Oil, Gas & Coal
Country: CANADA
Employees: 7200

Business Description
Precision Drilling Trust. The Group's principal activities are to provide drilling and service rigs, open hole and cased hole wireline services, controlled pressure drilling, downhole completion tools and logging- while-drilling systems. It operates in two industry segments: Contract Drilling and Completion and Production services. Contract Drilling includes drilling rigs, service rigs and hydraulic well assist snubbing units. Completion and Production services includes oilfield equipment rental services, industrial process services and compression equipment rental services. As of 31-Dec-2008, the Group fleet consisted of 374 rigs with 220 in Canada, 151 in the United States, two in Mexico and one in Chile. The Group acquired Grey Wolf, Inc on 23-Dec-2008.

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