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PRECISION DRILLING Corp Capital/Financing Update 2009

Mar 30, 2009

32457_ffr_2009-03-31_17c0da21-5ad8-46ee-860a-a9218c186dc4.zip

Capital/Financing Update

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6-K 1 o54504e6vk.htm FORM 6-K Form 6-K PAGEBREAK

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Section 13a-16 or 15d-16 of the Securities Exchange Act of 1934

March 30, 2009

Commission File Number: 001-14534

Precision Drilling Trust

(Exact name of registrant as specified in its charter)

4200, 150 – 6th Avenue S.W. Calgary, Alberta Canada T2P 3Y7 (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F o Form 40-F þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A .

Folio /Folio

PAGEBREAK

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

/s/ Joanne Alexander
Name: Joanne Alexander
Title: Corporate Secretary

Folio /Folio

PAGEBREAK

INDEX TO EXHIBITS

Exhibit Number Description of Exhibit
1 First Amendment, dated as of February 2, 2009, to the Credit Agreement among
Precision Drilling Trust, Precision Drilling Corporation, the Lenders party thereto,
the Co-Documentation Agents and Syndication Agent named therein and Royal Bank of
Canada, as administrative agent.
2 First Amendment and Waiver, dated February 17, 2009, to the Bridge Credit
Agreement among Precision Drilling Trust, Precision Drilling Corporation, HSBC Bank
USA National Association, Royal Bank of Canada and Deutsche Bank AG Cayman Islands
Branch.
3 Second Amendment, dated February 11, 2009, to the Credit Agreement among
Precision Drilling Trust, Precision Drilling Corporation, the Lenders party thereto,
the Co-Documentation Agents and Syndication Agent named therein and Royal Bank of
Canada, as administrative agent.
4 Third Agreement, dated March 25, 2009, to the Credit Agreement among
Precision Drilling Trust, Precision Drilling Corporation, the Lenders party thereto,
the Co-Documentation Agents and Syndication Agent named therein and Royal Bank of
Canada, as administrative agent.

Folio /Folio