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Precision Drilling posts loss as oil rout hits rig demand - The Globe and Mail
The Globe and Mail | Precision Drilling posts loss as oil rout hits rig demand The Globe and Mail Canadian rig contractor Precision Drilling Corp posted a first-quarter loss, compared with a profit a year earlier, hurt by lower demand for rigs amid a prolonged slump in oil prices. The company said it received about $23-million in the quarter for ... |
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