Precision Drilling Corporation announces filing of annual information form CALGARY, March 29 /PRNewswire-FirstCall/ -- Precision Drilling Corporation ("Precision") announced today that it has filed their Annual Information Form ("AIF") with SEDAR. The AIF contains a full description of the business activities of Precision and is a useful supplement to the recently filed 2004 Annual Report. A copy of the AIF can be obtained by contacting the Corporate Secretary, or by accessing our website at http://www.precisiondrilling.com/ and selecting "Annual Meeting Centre". Precision Drilling Corporation (TSX: PD and PD.U; NYSE: PDS) is a global contract drilling and oilfield services company providing a broad range of drilling, production and evaluation services with focus on fulfilling customer needs through fit-for-purpose technologies for the maturing oilfields of the 21st century. With corporate offices in Calgary, Alberta, Canada and corporate subsidiary offices in Houston, Texas, and research facilities in the U.S. and Europe, Precision employs more than 12,000 people conducting operations in more than 30 countries. Precision is committed to providing efficient and safe services to create value for our customers, our shareholders and our employees. DATASOURCE: Precision Drilling Corporation CONTACT: Dale E. Tremblay, Senior Vice President Finance and Chief Financial Officer, 4200, 150 - 6th Avenue S.W., Calgary, Alberta T2P 3Y7, Telephone (403) 716-4500; Fax (403) 264-0251, website: http://www.precisiondrilling.com/; Archived images on this organization are searchable through CNW Photo Archive website at http://photos.newswire.ca/. Images are free to accredited members of the media. To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on reports@cnw.

Copyright