BRIEF-Precision Drilling sees opportunities to buy things at substantial discounts right now

Mon Apr 25, 2016 3:02pm EDT
 
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April 25 (Reuters) - Precision Drilling Corp :

* CEO "customer expectations for high performance rigs supported by long stable contracts is what makes Kuwait key target" - conf call

* CEO "we are seeing opportunities to buy things at substantial cash discounts right now " - conf call

* Sees "small investment in some parts, assets that have no declining value with time; likely those get used up in 2017" -conf call Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)