Ms. Lavonne Zdunich reports

PRECISION DRILLING CORPORATION 2023 THIRD QUARTER RESULTS CONFERENCE CALL AND WEBCAST

Precision Drilling Corp. intends to release its 2023 third quarter results before the market opens on Thursday, Oct. 26, 2023, and has scheduled a conference call to begin at 12 p.m. MT (2 p.m. ET) on the same day.

To participate in the conference call, please register on-line. Once registered, you will receive a dial-in number and a unique PIN (personal identification number), which will allow you to ask questions.

The call will also be webcast and can be accessed on-line. A replay of the webcast call will be available on Precision's website for 12 months.

About Precision Drilling Corp.

Precision is a leading provider of safe and environmentally responsible high performance, high-value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha that utilizes advanced automation software and analytics to generate efficient, predictable and repeatable results for energy customers. The company's drilling services are enhanced by its EverGreen suite of environmental solutions, which bolsters the company's commitment to reducing the environmental impact of the company's operations. Additionally, Precision offers well service rigs, camps and rental equipment -- all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision is headquartered in Calgary, Alta., Canada, and is listed on the Toronto Stock Exchange under the trading symbol PD and on the New York Stock Exchange under the trading symbol PDS.