Precision Drilling Corp. (NYSE: PDS) said Dec. 8 it has appointed Darcy Falardeau as vice president of Precision Well Servicing.
Falardeau has most recently served as vice president of Precision's U.S. completion and production services group based in Houston. He has more than 30 years of operational and leadership experience with Precision, according to the release.
Falardeau will relocate to the Well Servicing Operations Center in Red Deer, Alberta. This establishes it as the company's primary leadership, management and administrative center for well servicing, snubbing and coil tubing services.
The move will align the company closer to its regional well servicing customer base, eliminate certain corporate overhead costs and improve the overall cost efficiency and operational competiveness of the business, the release said.
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