Author`s name Pravda.Ru

Precision Drilling Slumps 89% - Comments

Precision Drilling Corp., Canada's biggest oilfield-services company, said profit declined 89 percent in the second quarter. Net income fell to C$3.33 million ($2.1 million), or 6 cents a share, from C$31.1 million, or 57 cents, a year earlier.

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