12:09 PM EST - Precision Drilling Corporation : reported net earnings of $28 million or $0.10 per diluted share for the three months ended December 31, 2011 compared to a net loss of $0.3 million for the fourth quarter of 2010. Revenue for the fourth quarter of 2011 was $587 million and earnings before income taxes, other items, loss on asset decommissioning and depreciation and amortization ("EBITDA") totalled $230 million compared to $436 million and $145 million. Precision Drilling Corporation
shares T.PD are trading up $0.03 at $11.35.
