Nov 8 (Reuters) - Precision Drilling Corp PD.TO :
* Precision drilling announces tender offer for all of its outstanding 6.625% senior notes due 2020 and a portion of its outstanding 6.500% senior notes due 2021
* Commenced tender offers for outstanding 6.625% senior notes due 2020 & up to $70 million of outstanding 6.500% senior notes due 2021
* Tender offers will expire on December 6, 2017
* To finance purchase of notes tendered in tender offers with cash on hand,proceeds from private placement of senior notes due 2026