Precision Drilling Corporation

10:50 AM EST - Precision Drilling Corporation : Announced today the completion with its lenders of a one-year maturity extension of its senior credit facility to November 2022. Precision has also completed an additional $34 million in open market purchases of its 5.25% senior notes due 2024 which will bring total debt repayments for year-end 2018 to approximately $150 million, exceeding the high end of its 2018 targeted debt reduction range of $75 million to $125 million. Precision Drilling Corporation shares T.PD are trading up $0.08 at $2.73.