Trinidad Drilling Ltd. is pleased to announce that it has filed a joint management information circular and proxy statement prepared together with Precision Drilling Corp. . The Circular was prepared for Trinidad and Precision's respective special securityholders' meetings to be held on December 11, 2018 in connection with previously announced [...]
Trinidad Drilling Ltd. is pleased to announce that we will release our third quarter 2018 results after market close on Friday, November 9, 2018. The news release will provide consolidated operating and financial information. The full management's discussion and analysis, as well as the consolidated financial statements, will be posted on the [...]
Premium of 25% to Hostile Ensign Offer Trinidad Drilling Ltd. today announced that the respective boards of directors for Trinidad and Precision Drilling Corp. have unanimously agreed to a strategic combination of the two companies, creating an industry-leading contract driller. The combined entity will be one of the largest North American land [...]
Trinidad Drilling Ltd. today announced that the Board of Directors has unanimously determined that the hostile offer from Ensign Energy Services Inc. to acquire all of the issued and outstanding common shares of Trinidad for cash at a price of $1.68 per Common Share is not in the best interest of the Company or its shareholders . The Board's [...]
Trinidad Drilling Ltd. today confirms that Ensign Energy Services Inc. has commenced an unsolicited take-over bid for all the issued and outstanding common shares of Trinidad at a price of CDN$1.68 in cash per Common Share. Trinidad advises shareholders not to take any action until Trinidad's Board of Directors has made a formal recommendation [...]
Trinidad Drilling Ltd. confirms that it is aware of the announcement by Ensign Energy Services Inc. that Ensign intends to make an unsolicited take-over bid for the outstanding common shares of Trinidad at a price of $1.68 in cash per Common Share. Trinidad cautions that no formal offer has been made for Trinidad's Common Shares, and Trinidad [...]
Trinidad Drilling Ltd. announced its second quarter and year-to-date 2018 results today. In the three and six months ended June 30, 2018, industry conditions significantly improved compared to the prior year, driving higher operating days, higher dayrates and stronger operating income from the same periods last year. For the three and six months [...]
/STATES./ CALGARY, Aug. 1, 2018 /CNW/ - Trinidad Drilling Ltd. is announcing the conclusion of its previously disclosed strategic review. Trinidad also announces the addition of John R. Blocker, Jr. to its Board of Directors . Since beginning the strategic review on February 20, 2018, Trinidad and its financial advisor have evaluated a number of [...]
/STATES./ CALGARY, July 12, 2018 /CNW/ - Trinidad Drilling Ltd. today provided an operational update outlining increasing activity levels across its operations. In addition, the Company also announced the acquisition of GMXSteering™, a proven completion optimization software product, which is an addition to its technology platform. Operational [...]
/STATES./ CALGARY, July 3, 2018 /CNW/ - Trinidad Drilling Ltd. today announced changes to its Board of Directors. Ken Stickland, previously Trinidad's lead director, has been appointed Chairman, and Michael Heier, Trinidad's Chairman and founder, has resigned. "Mike has been fundamental to Trinidad's growth and success over the Company's more than [...]
/STATES./ CALGARY, June 28, 2018 /CNW/ - Trinidad Drilling Ltd. is pleased to announce an award in Kuwait for two Trinidad Drilling International joint venture rigs on a five-year contract. Trinidad expects that the joint venture rigs will begin operating by late in the first quarter or early in the second quarter of 2019. The contract has [...]
/STATES./ CALGARY, June 27, 2018 /CNW/ - Trinidad Drilling Ltd. is pleased to announce that we will release our second quarter 2018 results after market close on Tuesday, August 7, 2018. The news release will provide consolidated operating and financial information. The full management's discussion and analysis, as well as the consolidated [...]
+287,50 %
-44,44 %