2009-11-13 12:19:03 -
Precision Drilling Trust - Oil & Gas - Deals and Alliances Profile - a new market research report on companiesandmarkets.com www.companiesandmarkets.com/Summary-Company-Profile/precision-dr ..
Precision Drilling Trust (the Trust or Precision) is engaged in land drilling in North America with drilling rigs operating in gas basin. The Company operates in two business segments: contract drilling services and completion and production services. Precision operated 374 land rigs, 229 service rigs and 100 camps along with catering, rental, snubbing and wastewater services. During the year ended
December 31, 2008, Precisions fleet consisted of 374 rigs with 220 in Canada, 151 in the United States, two in Mexico and one in Chile. On December 23, 2008, the Company acquired Grey Wolf, Inc. (Grey Wolf). Its subsidiaries include Grey Wolf Inc., Kenting Energy Services Inc., LRG Oilfield Services Ltd. McKenzie Caterers (1984) Ltd., Rostel Industries Ltd. and Columbia Oilfield Supply Ltd.
Precision Drilling Trust - Oil & Gas - Deals and Alliances Profile
Summary
Precision Drilling Trust (Precision Drilling) is a Canada based open-ended investment trust Service Company. The company is engaged in providing oilfield services such as contract drilling, service rig and ancillary services to oil and natural gas exploration and production companies. At present, the company principally operates in Canada and the US. The company is headquartered in Canada. Presently, the company carries out its activities through two business segment namely, Contract Drilling Services (CDS) and Completion and Production Services (C&PS). The company CDS segment includes sub-segments Precision Drilling, LRG Catering, Columbia Oilfield Supply and Rostel Industries.
The Precision Drilling Trust - Oil & Gas - Deals and Alliances Profile is an essential source for company data and information. The profile examines the companys key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy as well as highlighting the companys major recent financial deals.
Scope
- Provides key company information for business intelligence needs
- Gives information on the companys major recent financial deals including Mergers and Acquisitions, asset transactions, PE/VC deals, equity offerings, debt offerings and partnerships.
- Data is supplemented with details on the companys history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
Reasons to buy
- A quick ""one-stop-shop"" to understand the company.
- Support sales activities by understanding your customers businesses.
- Qualify prospective partners and suppliers.
- Understand and respond to your competitors business structure, strategy and prospects through.
- Understanding the key deals which have shaped the company.
