Precision Drilling sees improving markets over the next year or so

摘要

Canada-based Precision Drilling sees increasing opportunities to workits rigs not only at home but in US and international fields, based onimproving global oil demand as the recovery continues, albeit unevenly,from the coronavirus pandemic, its top executive said July 22.The oil and gas industry appears to be at the beginning stages ofwhat's emerging as a "strong" recovery, supported by increasedactivity and strengthening energy fundamentals, as well as sustainedhigher oil and natural gas prices, Precision CEO Kevin Neveu saidduring a second-quarter earnings conference call.