Whitebark Energy announced that Precision Drilling has been appointed as the drilling contractor to drill Whitebark's upcoming Rex-2 development well at the Wizard Lake oil field. Following the drilling of Rex 2, Whitebark will have a 40% working interest in Rex-2 and the Wizard Lake oil field, increasing to 50% following the drilling of Rex 3. The rig and crew that successfully drilled Rex-1 in nine days, Precision Drilling Rig 186, will return to spud Rex-2 within the next 14 days. The drilling operations are being managed by Canadian oil sector specialist, Magus Engineering Limited. Magus Engineering has extensive experience managing end-to-end drilling programs in Canada involving horizontal wells with multistage completions having been involved in over 1000 wells to date. Magus Engineering will manage all service procurement, drilling, wellsite construction and completion activities at Rex-2.