Precision Drilling Corporation Plans 2018 $94 Million CapEx
Precision Drilling Corporation (ticker: PDS) announced a 2018 CapEx of $94 million. The company said $62 million has been reserved for maintenance and infrastructure and $32 million will be used to upgrade existing rigs. The company said $94 million will be split – $88 million in the contract drilling services segment and $6 million in the completion and production services.