Precision drilling posts qtrly loss per share $0.01

Oration announces 2019 third quarter unaudited financial results.q3 revenue c$376 million versus refinitiv ibes estimate of c$383.4 million.qtrly loss per share $0.01.during quarter, precision reduced debt by $21 million, fully expect to meet or exceed 2019 debt reduction target of $200 million.precision drilling - reiterate 2020 debt reduction target of $100 million to $150 million, which we expect will include balance of our 2021 senior notes.precision drilling - capital spending in 2019 expected to be $144 million.for 2020, expect capital spending to be $60 million to $80 million, comprised primarily of maintenance and upgrade capital.
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