Precision Drilling Corporation second quarter 2005 earnings conference call and webcast

CALGARY, July 18 /CNW/ - Precision Drilling Corporation ("Precision")
intends to release its Second Quarter 2005 results at approximately
5:00 a.m. MDT (7:00 a.m. EDT) on Thursday, July 28, 2005 and has scheduled a
conference call and webcast to begin promptly at 12:00 Noon MDT
(2:00 p.m. EDT) on the same day.

      Thursday, July 28, 2005 at 12:00 Noon MDT (2:00 p.m. EDT)
          Conference call dial in number is 1-800-814-4941

A live webcast of the conference call will be accessible on Precision's
website at www.precisiondrilling.com by selecting "Investor Relations" then
"Webcasts".
An archived recording of the conference call will be available
approximately one hour after the completion of the call until August 4, 2005
by dialing 1-877-289-8525, passcode 21131942 followed by the number sign.
Precision Drilling Corporation (TSX: PD and PD.U; NYSE: PDS) is a global
contract drilling and oilfield services company providing a broad range of
drilling, production and evaluation services with focus on fulfilling customer
needs through fit-for-purpose technologies for the maturing oilfields of the
21st century. With corporate offices in Calgary, Alberta, Canada and corporate
subsidiary offices in Houston, Texas, and research facilities in the U.S. and
Europe, Precision employs more than 12,000 people conducting operations in
more than 30 countries. Precision is committed to providing efficient and safe
services to create value for our customers, our shareholders and our
employees.
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