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As of August 31, 2005, Precision Drilling International was acquired by Weatherford International Ltd. Precision Drilling International provides drilling services to the oil and gas industry. The asset offers drilling services for shallow, horizontal, deep and high-specification wells. It consists of 49 land drilling rigs and is based in Calgary, Canada. Precision Drilling International has operations in Mexico, Venezuela, India, Egypt, Oman, Kuwait, Saudi Arabia, and Iran.
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