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Precision Drilling

525-8th Ave SW, Suite 800, Calgary, Alberta, T2P 1G1, Canada

Overview

Oilfield services company providing contract drilling and well servicing.

Founded

1951

Deals · 12mo

0

Links

WebsiteLinkedIn

Stage focus

Series A

Geographic focus

United States

Sector focus

Energy
Machinery Manufacturing
Oil and Gas

Investment portfolio

1rounds
NAMEDATESIZE
XtremeX Mining Technology
Jan 2025Participated
$11 MSeries A
XtremeX Mining Technology
Jan 2025Participated
$11 MSeries A
1
Items
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Insights

Time horizon

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Deal Distribution

Precision Drilling: 1 funding rounds are recorded in the selected participation categories.All available history.
Precision Drilling: 1 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01

Monthly Deal Activity

Precision Drilling: 1 deals are recorded across 22 months.All available history.
Precision Drilling: 1 deals are recorded across 22 months. All available history
MonthDeals
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Precision Drilling: Manufacturing is the largest displayed sector by deal count (1 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Precision Drilling: Manufacturing is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Manufacturing1
Clean Energy & Sustainability1

Deal Size Distribution

Precision Drilling: 1 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Precision Drilling: 1 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Precision Drilling: United States has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Precision Drilling: United States has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
United States1
Precision Drilling: 3 co-investors are shown, with Baker Hughes sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Precision Drilling: 3 co-investors are shown, with Baker Hughes sharing 1 recorded deals. All available history
Co-investorShared deals
Baker Hughes1
GoGreen Partners1
Mines Venture Fund1

Investment Strategy

Precision Drilling: Led accounts for 0% and participating for 100% of round participation.All available history.
Precision Drilling: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating1100%
Precision Drilling: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Precision Drilling: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Gary Vorhies

Sales Representative

Kevin Neveu

President and Chief Executive

Kevin O. Meyers

Director