03:37 PM EST - Precision Drilling Corporation : announced today the closing of the acquisition of Drake Directional Drilling, LLC and Drake MWD Services, LLC. These companies provide directional drilling services in Texas, Louisiana, Oklahoma and Colorado and typically operate 10 - 14 directional drilling jobs, on a continuing basis. Precision Drilling Corporation
shares T.PD are trading up $0.12 at $12.85.
