FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                        Report of Foreign Private Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                              For November 5, 2002

                         PRECISION DRILLING CORPORATION
                           4200, 150 - 6TH AVENUE S.W.
                                CALGARY, ALBERTA
                                 CANADA T2P 3Y7

(Indicated by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F)

                  Form 20F      [_]             Form 40-F       [X]

(Indicated 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 12g-3-2(b) under the Securities Exchange Act of
1934)

                  Yes           [_]             No      [X]


If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-___________.

                                      N/A
                                      ---




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.



                                      PRECISION DRILLING CORPORATION



                                      Per: /s/ Jan Campbell
                                           -------------------------
                                               Jan Campbell
                                               Corporate Secretary


Date: November 5, 2002