Friday, October 11, 2024

Precision Drilling Adds New Director

Calgary’s Precision Drilling Corporation (ticker: PDS) has added Michael R. Culbert to its board of directors.

Culbert is vice chairman of Progress Energy Canada Ltd, a wholly owned Canadian subsidiary of PETRONAS that is focused on the development of unconventional natural gas.

Prior to becoming vice chairman, Culbert served as president and CEO of Progress Energy and president of Pacific NorthWest LNG from 2014 to 2016.

Culbert currently serves on the board of Progress Energy, Enerplus Corporation and Reserve Royalty.

“Mike has over thirty years of experience in the energy industry as a manager and executive, which will make him an invaluable member of our board of directors. He has a deep understanding of E&P markets that will serve us well as we continue to develop our businesses,” commented Steve Krablin, Chairman of the Board of Precision.

Precision provides contract drilling rigs, directional drilling services, well service and snubbing rigs, camps, rental equipment, and wastewater treatment units backed by a comprehensive mix of technical support services and skilled, experienced personnel.

 

 

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