Sept 7 (Reuters) - Cwc Energy Services Corp:

* PRECISION DRILLING ANNOUNCES ACQUISITION OF CWC ENERGY SERVICES

* PRECISION DRILLING CORP: PROPOSED DEAL FOR TOTAL CONSIDERATION OF APPROXIMATELY $141 MILLION

* PRECISION DRILLING CORP - EXPECTS TRANSACTION TO BE ACCRETIVE ON A 2024 CASH FLOW PER SHARE BASIS

* PRECISION DRILLING CORP: EXPECTS TO REALIZE ANNUAL OPERATING SYNERGIES OF APPROXIMATELY $20 MILLION ONCE CWC IS FULLY INTEGRATED

* PRECISION DRILLING: IDENTIFIED ABOUT $20 MILLION OF EXCESS CWC REAL ESTATE THAT IT EXPECTS TO MONETIZE POST-DEAL CLOSING

* PRECISION DRILLING CORP - FOR 2023, PRECISION REMAINS ON TRACK TO REDUCE ITS DEBT BY $150 MILLION

* PRECISION DRILLING CORP - REMAINS COMMITTED TO REDUCING ITS DEBT LEVELS BY $500 MILLION BETWEEN 2022 AND 2025

* PRECISION DRILLING CORP - PRECISION REMAINS COMMITTED TO ACHIEVING A SUSTAINED NET DEBT-TO-ADJUSTED EBITDA RATIO OF LESS THAN 1.0 TIMES BY END OF 2025 Source text for Eikon: Further company coverage: (Reporting by ArsheeyaSingh Bajwa)