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Press release from Marketwire

Precision Drilling Corporation to Participate in the RBC Capital Markets' 2012 Global Energy & Power Conference in New York, New York

Thursday, May 31, 2012

Precision Drilling Corporation to Participate in the RBC Capital Markets' 2012 Global Energy & Power Conference in New York, New York12:40 EDT Thursday, May 31, 2012CALGARY, ALBERTA--(Marketwire - May 31, 2012) -Precision Drilling Corporation ("Precision") will be attending the RBC Capital Markets' 2012 Global Energy & Power Conference which is taking place June 4 and 5, 2012 in New York, New York. Mr. Rob McNally, Executive Vice President and Chief Financial Officer is scheduled to participate in a panel discussion entitled "Rediscovering the Permian Basin Through Horizontal Drilling" at 9:30 a.m. Eastern time (7:30 a.m. Mountain time) on Tuesday, June 5, 2012.A live audio webcast will be accessible from Precision's website at www.precisiondrilling.com by selecting "Investor Centre", then "Webcasts". Shortly after the live webcast, an archived version of the webcast will be available for approximately 30 days. About Precision Precision is a leading provider of safe and High Performance, High Value services to the oil and gas industry. Precision provides customers with access to an extensive fleet of contract drilling rigs, directional drilling services, well service & snubbing rigs, coiled tubing services, camps, rental equipment, and water treatment units backed by a comprehensive mix of technical support services and skilled, experienced personnel.Precision is headquartered in Calgary, Alberta, Canada. Precision is listed on the Toronto Stock Exchange under the trading symbol "PD" and on the New York Stock Exchange under the trading symbol "PDS".FOR FURTHER INFORMATION PLEASE CONTACT: Carey FordPrecision Drilling CorporationVice President, Finance and Investor Relations403.716.4575403.716.4755 (FAX)OR800, 525 - 8th Avenue S.W.Precision Drilling CorporationCalgary, Alberta, Canada T2P 1G1www.precisiondrilling.com