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Precision Drilling Trust

Published : May 02nd, 2012

Announces Webcast of Annual General Meeting of Shareholder

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Precision Drilling Corporation
TSX: PD
NYSE: PDS
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May 2, 2012
Precision Drilling Corporation Announces Webcast of Annual General Meeting of Shareholders
CALGARY, ALBERTA--(Marketwire - May 2, 2012) -

Precision Drilling Corporation ("Precision") (TSX:PD) (NYSE:PDS) will hold its Annual General Meeting of Shareholders (the "Meeting") on Wednesday, May 9, 2012. The Meeting will be held in the Enmax Ballroom at the Calgary Chamber of Commerce, 100 - 6th Avenue S.W., Calgary, Alberta, Canada and will begin at 3:00 p.m. MT (5:00 p.m. ET).

A live webcast of the Meeting, which will be followed by a presentation from Kevin Neveu, Precision's President & Chief Executive Officer, will be accessible on Precision's website at www.precisiondrilling.com by selecting "Investor Centre", then "Webcasts". An archived recording of the meeting will also be available after the conclusion of the live event.

About Precision

Precision 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 contract drilling rigs, directional drilling services, well service & snubbing rigs, coiled tubing services, camps, rental equipment, and water treatment units 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".

CONTACT INFORMATION:

Precision Drilling Corporation
Carey Ford
Vice President, Finance and Investor Relations
403.716.4575
Fax: 403.716.4755

or

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

INDUSTRY: Energy and Utilities - Equipment, Energy and Utilities - Oil and Gas

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Precision Drilling Trust
CODE : PD-UN.TO
ISIN : CA74022D3085
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Precision Drilling is a and oil producing company based in Canada.

Precision Drilling is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.5 billions as of today (US$ 2.5 billions, € 1.9 billions).

Its stock quote reached its highest recent level on January 20, 2012 at CA$ 9.97, and its lowest recent point on May 29, 2013 at CA$ 8.66.

Precision Drilling has 293 236 758 shares outstanding.
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