CALGARY, Dec. 5 /PRNewswire-FirstCall/ -- Precision Drilling Trust ("the Trust") is pleased to announce the appointment of Mr. Brian A. Felesky, Q.C. to the Board of Directors of Precision Drilling Corporation ("the Corporation"), Administrator to the Trust, effective immediately. Mr. Felesky is a partner in Felesky Flynn LLP, a tax law specialist firm with 36 lawyers, and he resides in Calgary, Alberta. He is professionally involved in acquisitions, mergers, financing and restructuring of public and private corporations, partnerships and trusts, in Canada and internationally. Mr. Felesky is also a director of Suncor Energy Inc., Epcor Power L.P. and Fairquest Energy Limited. Commenting on the new Board appointment, Hank Swartout, Chairman and CEO of the Corporation, stated: "I am delighted to welcome Brian to the Board. His appointment brings a wealth of Board experience and professional skills to the company, and further strengthens the skills available to the Trust. Brian's experience will be of significant value to the Corporation and ultimately to the Unitholders." Precision Drilling Trust is Canada's largest energy services trust. Headquartered in Calgary, Alberta, the Corporation is the leading provider of contract drilling services to the Canadian oil and gas industry and provides its customers with access to an extensive fleet of drilling and service rigs backed by a comprehensive mix of support services utilizing skilled and experienced personnel. Precision Drilling Trust is listed on the Toronto Stock Exchange under the trading symbol "PD.UN" and in U.S. dollars "PD.U" and on the New York Stock Exchange under the trading symbol "PDS". DATASOURCE: Precision Drilling Trust CONTACT: Darren Ruhr, Vice President Corporate Services and Corporate Secretary of Precision Drilling Corporation, Administrator of the Trust, 4200, 150 - 6th Avenue S.W., Calgary, Alberta, T2P 3Y7, Telephone (403) 716-4500, Fax (403) 264-0251; website: http://www.precisiondrilling.com/; Archived images on this organization are searchable through CNW Photo Archive website at http://photos.newswire.ca/. Images are free to accredited members of the media. To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on Tools for Investors.

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