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Precision Drilling Corporation

09:48 AM EST - Precision Drilling Corporation : reported net earnings of $18 million or $0.06 per diluted share for the three months ended June 30, 2012 compared to net earnings of $16 million or $0.06 per diluted share for the second quarter of 2011. Revenue for the second quarter of 2012 was $382 million and earnings before finance charges, income taxes, depreciation, amortization and foreign exchange totaled $97 million compared to $345 million and $93 million, respectively, during the comparable period in 2011. Precision Drilling Corporation
shares T.PD are trading up $0.20 at $7.65.