Precision Drilling CorporationTSX: PD

Precision Drilling Corporation - Third quarter 2005 earnings conference call and webcast

· Issued by Precision Drilling Corporation via CNW
CALGARY, Oct. 20 /CNW/ - Precision Drilling Corporation ("Precision")
intends to release its Third Quarter 2005 results at approximately 5:00 a.m.
MDT (7:00 a.m. EDT) on Thursday, October 27, 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, October 27, 2005 at 12:00 Noon MDT (2:00 p.m. EDT)
            Conference call dial in number is 1-800-814-4861

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 November 3, 2005
by dialing 1-877-289-8525, passcode 21159277 followed by the number sign.

Precision Drilling Corporation is listed on the Toronto Stock Exchange
under the trading symbols "PD and PD.U" and on the New York Stock Exchange
under the trading symbol "PDS".

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