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The Canadian Petroleum Hall of Fame Society is honouring six men and women as its 2018 inductees at a special luncheon Nov. 23 at the Calgary Petroleum Club. In a series to be published weekly on the Daily Oil Bulletin and jwnenergy.com, writer R.P. Stastny profiles each of the inductees. Today: Hank Swartout Hank Swartout founded Precision Drilling Corporation and led the Canadian company for over two decades. Under his watch, Precision became one of the world’s largest oilfield service companies with a peak value of $7 billion in 2005, employing over 15,000 workers in 34 countries. He split the company up in 2005, selling the international operations and technology arm and converting the Canadian rig fleet into an income trust. “Hank has been one of the most defining personalities in the Canadian petroleum service industry,” says Precision’s president of drilling operations, Gene Stahl, who has known Hank for over two decades. “It was clear to me from the very first time I met Hank that he was a born entrepreneur, one-of-a-kind, one of the last of a dying breed of true characters in the business.” Hank was born in 1951 and raised in Melfort, Sask. After graduating high […]
