Higher rig demand expected to continue as Precision Drilling boosts capital spending
![Higher rig demand expected to continue as Precision Drilling boosts capital spending](https://globalnews.ca/wp-content/uploads/2022/04/20220428080420-626a86e52a9f42727ed4642djpeg-2.jpg?quality=85&strip=all&w=720&h=480&crop=1)
The Calgary-based company said it will spend $125 million as the current market momentum is expected to continue in anticipation of higher activity.
The Calgary-based company said it will spend $125 million as the current market momentum is expected to continue in anticipation of higher activity.