BUZZ-Precision Drilling Corp: Deal with Schlumberger

Wed Jul 16, 2014 9:54am EDT
 
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** U.S.-listed shares of the oil and gas services provider up 3 pct at $13.85

** Company boosts its drilling services technology through an alliance with Schlumberger NV, the world's largest oilfield services provider

** Agreement extends to Canada and lower 48 states in the United States

** Precision Drilling's shares have risen about 52 pct in the last six months