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Alberta

Precision Drilling reports $3.5M Q4 profit, revenue up more than 70 per cent

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Calgary – Precision Drilling Corp. reported a fourth-quarter profit of $3.5 million compared with a loss of $27.3 million a year ago as its revenue rose more than 70 per cent.

The company says the profit amounted to 27 cents per diluted share for the quarter ended Dec. 31 compared with a loss of $2.05 per diluted share in the last three months of 2021.

Revenue totalled $510.5 million, up from $295.2 million a year earlier.

Precision says the increase in revenue was due to increased North American drilling and service activity and day rates.

Drilling rig utilization days in the U.S. rose 31 per cent compared with a year ago, while Canada saw an increase of 26 per cent compared with the fourth quarter of 2021. International drilling rig utilization days were unchanged compared with a year earlier.

Well service activity was up 49 per cent compared with a year earlier.

This report by The Canadian Press was first published Feb. 9, 2023.

Companies in this story: (TSX:PD)

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Alberta

Police looking for these 3 suspects after Super 8 Motel in Innisfail robbed early Monday morning

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Innisfail RCMP investigate robbery

Innisfail Ala. – On May 29, 2023, at approximately 4:10 a.m., the Super 8 motel in Innisfail was the victim of an armed robbery. Three male suspects entered the hotel, two of which had firearms.  Money was demanded from the manager. All three left the motel in a vehicle which is described as:

  • Chevrolet Dura Max truck
  • Sliver
  • Lifted

The suspects are described as:

Suspect #1: Caucasian male, tall and muscular. Wearing jeans and a grey Under Armour hoody. He was carrying a pistol.

Suspect #2: Caucasian male,  short.  Wearing all black. He was carrying a sawed off shotgun

Suspect #3: Caucasian male tall with a chubby belly. He was wearing a grey hoody, jeans and a black ball hat.

If you have information about this incident, please call the Innisfail RCMP at 403-227-3341 or call your local police. If you want to remain anonymous, you can contact Crime Stoppers by phone at 1-800-222-8477 (TIPS), by internet atwww.tipsubmit.com, or by SMS (check your local Crime Stoppers www.crimestoppers.ab.ca for instructions).

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Alberta

‘Tragic accident’ blamed for recent death of giraffe at Calgary Zoo

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The Wilder Institute/Calgary Zoo says a “tragic accident” led to the recent death of an adult Masai giraffe. A statement from the zoo says the female giraffe named Emara died May 19 after tangling one of her horns on a cable surrounding her enclosure. THE CANADIAN PRESS/HO-Wilder Institute/Calgary Zoo-Sergei Belskey

Calgary

The Calgary Zoo says a “tragic accident” led to the recent death of one of its adult Masai giraffes.

A statement from the zoo says a female giraffe named Emara died May 19 after tangling one of her horns in a cable surrounding her enclosure.

The statement says a necropsy revealed Emara fell against the enclosure fence and died almost instantly of a broken neck.

Emara, who had just turned 12, came to Calgary from the San Diego Zoo in 2016.

The statement says she was a treasured member at the zoo and was known for her cautious yet curious personality and gentle nature.

The zoo says it is checking fencing within its African Savannah Yard enclosure to see if changes are needed to better protect the other giraffes and animals that share the space.

Doug Whiteside, interim associate director of animal care and welfare at the zoo, said Emara was in her prime and was in excellent health when she died.

“Major life changes such as this not only affect our people but can affect our animal residents as well,” Whiteside said in the statement Monday.

He said the zoo’s remaining giraffes, Nabo and Moshi, are doing well.

Grief counsellors are being made available to Emara’s caregivers and other zoo staff.

This report by The Canadian Press was first published May 29, 2023.

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