CEO and director buying at Precision Drilling (T:PD)

Kevin A. Neveu, CEO and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $3.690 on August 1st, 2017. This represents a $184,500 investment into the company's shares and an account share holdings change of 9.0%.

In addition, Brian James Gibson, a Director, acquired 35,000 Common Shares on an indirect ownership basis for registered holder 2442703 Ontario Limited at a price of $3.580 on the same day. This represents a $125,300 investment into the company's shares and an account share holdings change of greater than 100%.

Precision Drilling is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.