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Precision Drilling Update and Marketing Themes

Grey Wolf rebuffed Precisions offer today stating that their impending merger with Basic Energy Services represented superior value to the takeover offer by Precision Drilling. Due to the accretive nature Grey Wolf represents, another offer may be forthcoming.

We will begin a new series of radio ads in Alberta and Quebec starting next week. The ads will contain brief tidbits on tax planning, financial planning and investing. They are designed to give the radio audience a complete idea of all the services that Rothenberg Capital Management offers.



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