CALGARY, ALBERTA--(Marketwired - Nov 8, 2017) - Precision Drilling Corporation ("Precision") PD PDS announced today that it intends, subject to market and other conditions, to offer US$400,000,000 aggregate principal amount of Senior Notes due 2026 (the "Notes") in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precision's revolving credit facility and certain other future indebtedness.