July 21 (Reuters) - Canadian rig contractor Precision Drilling Corp PD.TO posted a bigger quarterly loss, hurt by the lowest drilling activity in decades as oil producers slash spending.
The company's loss increased to C$57.7 million ($44.3 million), or 20 Canadian cents per share, for the second quarter ended June 30, from C$29.8 million, or 10 Canadian cents per share, a year earlier. more than halved to about C$164 million. ($1 = C$1.3038)