Trinidad Drilling Ltd.
TSX : TDG

Trinidad Drilling Ltd.

March 01, 2016 12:38 ET

Trinidad Drilling Ltd. Announces Changes to Board Composition

CALGARY, ALBERTA--(Marketwired - March 1, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Trinidad Drilling Ltd. (Trinidad) (TSX:TDG) announces the resignation of three directors - Dale Johnson, Elson McDougald and Don Seaman, effective immediately.

Messrs. Johnson, McDougald and Seaman joined Trinidad's board of directors following the acquisition of CanElson Drilling Inc. in August 2015. Trinidad thanks them for their efforts through the transition period and with the integration of CanElson's operations and employees. Trinidad wishes them the best in their future endeavours.

Trinidad is a corporation focused on sustainable growth that trades on the Toronto Stock Exchange under the symbol TDG. Trinidad's divisions operate in the drilling sector of the North American oil and natural gas industry with operations in Canada and the United States. In addition, through joint ventures, Trinidad operates drilling rigs in other international markets such as Saudi Arabia and Mexico. Trinidad is focused on providing modern, reliable, expertly designed equipment operated by well-trained and experienced personnel. Trinidad's drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the shares in any jurisdiction. The shares offered will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to a United States person, absent registration, or an applicable exemption therefrom.

Contact Information

  • Trinidad Drilling Ltd.
    Lyle Whitmarsh
    Chief Executive Officer
    403-294-4401

    Trinidad Drilling Ltd.
    Brent Conway
    President
    403-294-4401

    Trinidad Drilling Ltd.
    Lisa Ottmann
    Vice President, Investor Relations
    403-294-4401
    investors@trinidaddrilling.com