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 May 27, 2005
Commission File Number: 001-14534
PRECISION DRILLING CORPORATION
(Exact name of registrant as specified in its charter)
4200, 150 - 6TH AVENUE S.W.
CALGARY, ALBERTA
CANADA T2P 3Y7
(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]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1). _______
Note: Regulation S-T Rule 101(b)(1) only permits the submission in
paper of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): _______
Note: Regulation S-T Rule 101(b)(7) only permits the submission in
paper of a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws of
the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes [_] No [X]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- N/A
-------
Pursuant to the requirements 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.
PRECISION DRILLING CORPORATION
Per: /s/ Jan M. Campbell
------------------------
Jan M. Campbell
Corporate Secretary
Date: May 27, 2005
May 27, 2005
British Columbia Securities Commission Alberta Securities Commission,
1100 - 865 Hornby Street 300 - 5th Avenue S.W., 4th Floor,
Vancouver, British Columbia V6Z 2H4 Calgary, Alberta T2P 3C5
Saskatchewan Securities Commission Manitoba Securities Commission
Suite 800, 1920 Broad Street 1128, 405 Broadway Avenue
Regina, Saskatchewan S4P 3V6 Winnipeg, Manitoba R3C 3L6
Ontario Securities Commission L'Autorite des marches financiers
Cadillac Fairview Tower, 17th Floor, 800 Victoria Square
Suite 1800, 20 Queen Street West, Box 55 C.P. 246, Tour de la Bourse
Toronto, Ontario M5H 3S8 Montreal, Quebec H4Z 1G3
New Brunswick Securities Commission Nova Scotia Securities Commission
133 Prince William Street, Suite 606 2nd Floor, Joseph Howe Building
Box P.O. 5001 1690 Hollis Street
Saint John, New Brunswick E2L 4Y9 Halifax, Nova Scotia B3J 3J9
Prince Edward Island Securities Commission Newfoundland Securities Commission
Shaw Building, 4th Floor, Securities Division, Government Services
Charlottetown, P.E.I. C1A 7N8 & Land,
P.O. Box 8700,
2nd Floor, West Block, Confederation Bldg.
St. John's, NFLD. A1B 4J6
Toronto Stock Exchange
130 King Street West
Toronto, ON M5X 1J2
PRECISION DRILLING CORPORATION ("THE CORPORATION")
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
MAY 10, 2005
REPORT ON VOTING RESULTS
NATIONAL INSTRUMENT 51-102 - SECTION 11.3
Pursuant to section 11.3 of National Instrument 51-102, the following matters
were put to a vote at the Annual and Special Meeting of the Shareholders of
Precision Drilling Corporation held on May 10 2004. The report on the voting
results follows:
Number of Shares Outstanding: 61,322,283
Total number of shares voted by proxy: 40,465,228
Total number of shares voted in person: 39,058
Total number of shares represented: 40,504,286
Total Percentage of Shares voted: 66.05%
ELECTION OF DIRECTORS
The following nominees were elected by a vote by way of a show of hands, as
Directors of the Corporation to hold office until the next Annual Meeting of
the Shareholders. As 98.43% of the proxies received and tabulated had
indicated they were in favour of the nominees, a ballot was not held.
W.C. (Mickey) Dunn
Robert J. Gibson
Patrick M. Murray
Fred W. Pheasey
Robert L. Phillips
Hank B. Swartout
H. Garth Wiggins
-----------------------------------------------------------------------------
Votes For 39,831,841 Shares 98.43%
-----------------------------------------------------------------------------
Votes Withheld 633,387 Shares 1.57%
-----------------------------------------------------------------------------
Invalid/spoiled Nil Shares
-----------------------------------------------------------------------------
APPOINTMENT OF AUDITORS
By vote by way of a show of hands, KPMG LLP were appointed Auditors of the
Corporation. As 99.33% of the proxies received and tabulated had indicated
they were in favour of the appointment of KPMG LLP as Auditors of the
Corporation, a ballot was not held.
-----------------------------------------------------------------------------
Votes for 40,179,018 Shares 99.33%
-----------------------------------------------------------------------------
Votes withheld 271,529 Shares 0.67%
-----------------------------------------------------------------------------
Invalid/spoiled 14,681 Shares
-----------------------------------------------------------------------------
AMENDMENT OF PRECISION'S ARTICLES TO DIVIDE THE ISSUED AND OUTSTANDNG COMMON
SHARES OF PRECISION ON A TWO-FOR-ONE BASIS.
By vote by way of a show of hands, the shareholders approved the amendment of
Precision's articles to divide the issued and outstanding Common Shares of
Precision on a two-for-one basis. As 99.93% of the proxies received and
tabulated had indicated they were in favour of the appointment of KPMG LLP as
Auditors of the Corporation, a ballot was not held.
---------------------------------------------------------------------------
Votes for 40,388,665 Shares 99.93%
---------------------------------------------------------------------------
Votes withheld 29,318 Shares 0.07%
---------------------------------------------------------------------------
Invalid/spoiled 47,245 Shares
---------------------------------------------------------------------------
APPROVAL OF THE 2005 STOCK OPTION PLAN
A ballot was conducted with respect to the approval of the 2005 Stock Option
Plan as greater than 5% of the Common Shares were voted by proxy against this
resolution. According to the proxies received and ballots cast, the 2005 Stock
Option was approved.
-----------------------------------------------------------------------------
Votes for 20,159,204 Shares 56.42%
-----------------------------------------------------------------------------
Votes against 15,570,200 Shares 43.58%
-----------------------------------------------------------------------------
Invalid/Spoiled 1,083,378 Shares
-----------------------------------------------------------------------------
Non-Votes 3,691,504 Shares
-----------------------------------------------------------------------------
PRECISION DRILLING CORPORATION
/s/ Jan M. Campbell
-------------------------
Jan M. Campbell
Corporate Secretary