EXHIBIT 4.1
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CORPORATE ACCESS NUMBER: 2010828560
ALBERTA
BUSINESS CORPORATIONS ACT
CERTIFICATE
OF
AMALGAMATION
PRECISION DRILLING CORPORATION
IS THE RESULT OF AN AMALGAMATION FILED ON 2004/01/01.
[GRAPHIC OMITTED]
[CERTIFICATE - REGISTRAR OF CORPORATIONS]
________________________________________________________________________________
BUSINESS CORPORATIONS ACT FORM 9
(SECTION 181)
ALBERTA
REGISTRIES ARTICLES OF AMALGAMATION
________________________________________________________________________________
1. NAME OF AMALGAMATION CORPORATION: 2. CORPORATE ACCESS NO.:
PRECISION DRILLING CORPORATION
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3. THE CLASSES AND ANY MAXIMUM NUMBER OF SHARES THAT THE CORPORATION IS
AUTHORIZED TO ISSUE:
Schedule" A" attached
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4. RESTRICTIONS, IF ANY, ON SHARE TRANSFERS:
None
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5. NUMBER (OR MINIMUM AND MAXIMUM NUMBER OF DIRECTORS:
Minimum of three (3); Maximum of eleven (11)
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6. RESTRICTIONS, IF ANY, ON BUSINESSTHE CORPORATION MAY CARRY ON:
None
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7. OTHER PROVISIONS, IF ANY:
Schedule "B" attached
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8. NAME OF AMALGAMATING CORPORATIONS CORPORATE ACCESS NO:
PRECISION DRILLING CORPORATION 209668508
PRECISION DRILLING TECHNOLOGY SERVICES GROUP INC. 2010820500
[STAMP]
[FILED electronically
at Alberta Registries
JAN -1 2004
Borden Ladner Gervais LLP
(Corporate Records Dept.)]
________________________________________________________________________________
DATE SIGNATURE TITLE
January 01, 2004 /s/ Dale Tremblay Senior Vice-President Finance
and Chief Financial Officer
________________________________________________________________________________
FOR DEPARTMENTAL USE ONLY FILED
CCA-06.109
SCHEDULE "A"
Attached to and forming part of the Articles of Amalgamation
of
PRECISION DRILLING CORPORATION
THE CLASSES OF SHARES AND ANY MAXIMUM NUMBER OF SHARES THAT THE CORPORATION IS
AUTHORIZED TO ISSUE ARE:
(a) An unlimited number of Common shares, the holders of which are entitled:
(i) to receive notice of and to attend and vote at all meetings of
shareholders, except meetings at which only holders of a
specified class of shares are entitled to vote;
(ii) to receive any dividend declared by the Corporation on this
class of shares; provided that the Corporation shall be
entitled to declare dividends on the Preferred shares, or on
any of such classes of shares without being obliged to declare
any dividends on the Common voting shares of the Corporation;
(iii) subject to the rights, privileges, restrictions and conditions
attaching to any other class of shares of the Corporation, to
receive the remaining property of the Corporation upon
dissolution in equal rank with the holders of all other Common
shares of the Corporation; and
(iv) to the rights, privileges and restrictions normally attached to
common shares.
(b) An unlimited number of Preferred shares, which as a class, have
attached thereto the following:
(i) the Preferred shares may from time to time be issued in one or
more series, and the Directors may fix from time to time
before such issue the number of Preferred shares which is to
comprise each series and the designation, rights, privileges,
restrictions and conditions attaching to each series of
Preferred shares including, without limiting the generality of
the foregoing, any voting rights, the rate or amount of
dividends or the method of calculating dividends, the dates of
payment thereof, the terms and conditions of redemption,
purchase and conversion if any, and any sinking fund or other
provisions;
(ii) the Preferred shares of each series shall, with respect to the
payment of dividends and the distribution of assets or return
of capital in the event of liquidation, dissolution or
winding-up of the Corporation, whether voluntary or
involuntary, or any other return of capital or distribution of
the assets of the Corporation amongst its shareholders for the
purpose of winding up its affairs, be entitled to preference
over the voting and non-voting Common shares and over any
other shares of the Corporation ranking by their terms junior
to the Preferred shares of that series. The Preferred shares
of any series may also be given such other preferences, not
inconsistent with these Articles, over the Common shares and
any other such Preferred shares as may be fixed in accordance
with clause (b)(i); and
(iii) if any cumulative dividends or amounts payable on the return
of capital in respect of a series of Preferred shares are not
paid in full, all series of Preferred shares shall participate
rateably in respect of accumulated dividends and return of
capital.
SCHEDULE "B"
Attached to and forming part of the Articles of Amalgamation
of
PRECISION DRILLING CORPORATION
OTHER RULES OR PROVISIONS
The directors may, between annual general meetings, appoint one or more
additional directors of the Corporation to serve until the next annual general
meeting, but the number of additional directors shall not at anytime exceed
one-third (1/3) of the number of directors who held office at the expiration of
the last annual meeting of the Corporation.
Articles of Amalgamation
For
PRECISION DRILLING CORPORATION
Share Structure: SCHEDULE 'A'
Share Transfers Restrictions: NONE
Number of Directors:
Min Number of Directors: 3
Max Number of Directors: 11
Business Restricted To: NONE
Business Restricted From: NONE
Other Provisions: SCHEDULE 'B'
Registration Authorized By: BRIAN E. ROBERTS
SOLICITOR
AMALGAMATE ALBERTA CORPORATION - REGISTRATION STATEMENT
Service Request Number: 5628755
Alberta Corporation Type: Named Alberta Corporation
Legal Entity Name: PRECISION DRILLING CORPORATION
French Equivalent Name:
Nuans Number:
Nuans Date:
French Nuans Number:
French Nuans Date:
REGISTERED ADDRESS
Street: 4200, 150 - 6TH AVENUE S.W.
Legal Description:
City: CALGARY
Province: ALBERTA
Postal Code: T2P 3Y7
RECORDS ADDRESS
Street: 4200, 150 - 6TH AVENUE S.W.
Legal Description:
City: CALGARY
Province: ALBERTA
Postal Code: T2P 3Y7
ADDRESS FOR SERVICE BY MAIL
Post Office Box:
City:
Province:
Postal Code:
Internet Mail ID:
Share Structure: SCHEDULE 'A'
Share Transfers Restrictions: NONE
Number of Directors:
Min Number Of Directors: 3
Max Number Of Directors: 11
Business Restricted To: NONE
Business Restricted From: NONE
Other Provisions: SCHEDULE 'B'
Professional Endorsement Provided:
Future Dating Required:
Registration Date: 2004/01/01
________________________________________________________________________________
Director
Last Name: SWARTOUT
First Name: HANK
Middle Name:
Street/Box Number: 4200, 150 - 6THAVENUE S.W.
City: CALGARY
Province: ALBERTA
Postal Code: T2P 3Y7
Country:
Resident Canadian: Y
Named On Stat Dec:
Last Name: TREMBLAY
First Name: DALE
Middle Name:
Street/Box Number: 4200, 150 - 6TH AVENUE S.W.
City: CALGARY
Province: ALBERTA
Postal Code: T2P 3Y7
Country:
Resident Canadian: Y
Named On Stat Dec: Y
Last Name: MCNULTY
First Name: MICK
Middle Name:
Street/Box Number: 4200, 150 - 6TH AVENUE S.W.
City: CALGARY
Province: ALBERTA
Postal Code: T2P 3Y7
Country:
Resident Canadian: Y
Named On Stat Dec:
________________________________________________________________________________
Amalgamating Corporation
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Corporate Access Number Legal Entity Name
________________________________________________________________________________
209668508 PRECISION DRILLING CORPORATION
________________________________________________________________________________
2010820500 PRECISION DRILLING TECHNOLOGY SERVICES GROUP INC.
________________________________________________________________________________
Attachment
________________________________________________________________________________
Attachment Type Microfilm Bar Code Date Recorded
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Statutory Declaration 10000102000579763 2004/01/01
________________________________________________________________________________
Other Rules or Provisions ELECTRONIC 2004/01/01
________________________________________________________________________________
Share Structure ELECTRONIC 2004/01/01
________________________________________________________________________________
Registration Authorized By: BRIAN E. ROBERTS
SOLICITOR
Articles of Amalgamation
For
PRECISION DRILLING CORPORATION
Share Structure: SCHEDULE "A"
Share Transfers Restrictions: NONE
Number of Directors:
Min Number of Directors: 3
Max Number of Directors: 11
Business Restricted To: NONE
Business Restricted From: NONE
Other Provisions: SCHEDULE 'B'
Registration Authorized By: BRIAN E. ROBERTS
AGENT OF CORPORATION