PDS Precision Drilling Corporation New

Precision Drilling Corporation ("Precision") will be attending the Peters & Company 14th Annual North American Oil & Gas Conference which is taking place September 14-16, 2010 in Toronto, Ontario. Mr. Rob McNally, Chief Financial Officer, is scheduled to participate in a panel discussion on "Drilling Contractors' Approach to Resource Plays" at 10:00 a.m. Eastern time (8:00 a.m. Mountain time) on Tuesday, September 14, 2010.

A live audio webcast will be accessible from Precision's website at www.precisiondrilling.com by selecting "Investor Centre", then "Webcasts". Shortly after the live webcast, an archived version of the webcast will be available for approximately 30 days.

About Precision

Precision is a leading provider of safe, high performance energy services to the North American oil and gas industry. Precision provides customers with access to an extensive fleet of contract drilling rigs, service rigs, camps, snubbing units, wastewater treatment units and rental equipment backed by a comprehensive mix of technical support services and skilled, experienced personnel.

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

Contacts: Precision Drilling Corporation David Wehlmann Executive Vice President, Investor Relations 403.716.4575 403.716.4755 (FAX) Precision Drilling Corporation 4200, 150 - 6th Avenue S.W. Calgary, Alberta, Canada T2P 3Y7 www.precisiondrilling.com