Precision announced the appointment of Darcy Falardeau as Vice President of Precision Well Servicing. Darcy has over 30 years of operational and leadership experience with Precision and has held several management positions throughout the company, most recently as Vice President of its United States Completion and Production Services group, based in Houston, Texas. Darcy will relocate to the Well Servicing Operations Center in Red Deer, Alberta, establishing it as primary leadership, management and administrative center for well servicing, snubbing and coil tubing services.

This 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.