09:52 AM EST - Precision Drilling Corporation : reported net earnings of $16 million or $0.06 per diluted share for the three months ended June 30, 2011 compared to a net loss of $69 million or $0.25 per diluted share for the second quarter of 2010. Revenue for the second quarter of 2011 was $345 million and earnings before finance charges, income taxes, depreciation, amortization and foreign exchange totaled $93 million compared to $262 million and $60 million, respectively, during the comparable period in 2010. Precision Drilling Corporation
shares T.PD are trading up $0.43 at $15.82.
