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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Section 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of, October 2025
Commission File Number: 001-14534
Precision Drilling Corporation
(Exact name of registrant as specified in its charter)
800, 525 - 8 Avenue S.W.
Calgary, Alberta
Canada T2P 1G1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F Form 40-F X
SIGNATURE
Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Dated: October 7, 2025 | PRECISION DRILLING CORPORATION | ||
| By: | /s/Dustin D. Honing | ||
| Name: | Dustin D. Honing | ||
| Title: | Chief Financial Officer | ||
* Previously filed.
Exhibit 99.2
FORM 51-102F3 MATERIAL CHANGE REPORT
| Item 1 | Name and Address of Company |
|
Precision Drilling Corporation (Precision) 800, 525 – 8th Avenue S.W. Calgary, Alberta, Canada T2P 1G1 |
|
| Item 2 | Date of Material Change |
| October 6, 2025 | |
| Item 3 | News Release |
| A news release reporting the material change was disseminated through the services of Globe Newswire on October 6, 2025. | |
| Item 4 | Summary of Material Change |
| On October 6, 2025, Precision Drilling’s Board of Directors (the Board) announced that Mr. Carey Ford has been appointed as President and Chief Executive Officer and as a member of the Board. He succeeds Kevin Neveu, who retired as President and Chief Executive Officer and as a member of the Board. The Board also announced the appointment of a Chief Operating Officer and Chief Financial Officer. | |
|
Item 5
|
Full Description of Material Change
On October 6, 2025, The Board of Precision announced that, as part of its long-standing succession plan, Mr. Carey Ford has been appointed as President and Chief Executive Officer and as a member of the Board. He succeeds Kevin Neveu, who has retired after serving as President and Chief Executive Officer and as a member of the Board since 2007.
The Board also announced two key leadership appointments. Gene Stahl has been appointed Chief Operating Officer and Dustin Honing has been named Chief Financial Officer.
Disclosure for Restructuring Transactions
Not applicable. |
| Item 6 | Reliance of Section 7.1(2) of National Instrument 51-102 |
| Not applicable. | |
| Item 7 | Omitted Information |
| Not applicable. | |
| Item 8 | Executive Officers |
| For more information, please contact Lavonne Zdunich, Vice President, Investor Relations – lzdunich@precisiondrilling.com, 403-716-4500 | |
| Item 9 | Date of Report |
| October 7, 2025 |