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Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling sees 18% surge in Canadian activity post-Trans Mountain pipeline expansion, signaling renewed confidence.

By Amanda Stephenson31 Jul 2024The Canadian Press

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

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dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

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