Precision Drilling Corporation Announces Addition of President, International Operations
03 Novembre 2011 - 8:14PM
Marketwired
Precision Drilling Corporation (TSX:PD) (NYSE:PDS) ("Precision")
announces the appointment of Niels Espeland as President,
International Operations. Mr. Espeland will be based in Precision's
offices in Dubai.
"I am pleased to welcome Niels Espeland to the Precision
family", Kevin Neveu, President and Chief Executive Officer, said.
"Niels brings a wealth of experience developing and operating
successful land drilling service businesses spanning many
international regions throughout his career. This executive
addition marks a significant step in Precision's stated priority to
expand its presence in international markets where customers value
our high performance drilling services".
Mr. Espeland has over 35 years of experience in the
international oilfield service business. He has spent his career
working for international drilling services companies such as KCA
DEUTAG, ESSAR Oil and most recently Weatherford International where
he was a Group Vice President since 2007. Mr. Espeland is
originally from Norway and holds an Engineering Degree in Petroleum
Technology from Clausthal University, Germany and an Engineering
Degree in Drilling Technology from Celle, Germany. He is currently
on the Executive Committee of the International Association of
Drilling Contractors (IADC).
About Precision
Precision is a leading provider of safe and High Performance,
High Value services to the North American oil and gas industry.
Precision provides customers with access to an extensive fleet of
contract drilling rigs, service rigs, directional drilling
services, camps, snubbing units, water treatment units and rental
equipment 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".
Contacts: Precision Drilling Corporation Carey Ford Vice
President, Finance and Investor Relations 403.716.4575 403.716.4755
(FAX) Precision Drilling Corporation 800, 525 - 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1www.precisiondrilling.com
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