
Trinidad Shareholders Approve Combination with Ensign
Trinidad Drilling Ltd. Announces Shareholder Approval of Amalgamation With Wholly-Owned Subsidiary of Ensign Energy Services Inc.

Trinidad Drilling Ltd. Announces Shareholder Approval of Amalgamation With Wholly-Owned Subsidiary of Ensign Energy Services Inc.

Calgary-based oilfield service company Ensign Energy Services Inc.’s (stock ticker: ESI) offer to purchase all the common shares of Trinidad Drilling Ltd. (stock ticker: TDG), a contract drilling and services company, for $1.68 per share has expired. Trinidad will proceed with a special meeting of Trinidad shareholders scheduled for January 31, 2019 to consider, and approve, an ongoing private subsequent acquisition transaction. Ensign appointees began to

Precision Drilling Terminates Arrangement Agreement With Trinidad Drilling Requiring Payment of Termination Fee Following Ensign Take-Up

Trinidad Drilling Ltd. (TSX: TDG) (Trinidad) today announced changes to its Board of Directors. Ken Stickland, previously Trinidad’s lead director, has been appointed Chairman, and Michael (Mike) Heier, Trinidad’s Chairman and founder, has resigned. “Mike has been fundamental to Trinidad’s growth and success over the Company’s more than 20-year history,” said Ken. “We will miss Mike’s extensive experience, his enthusiastic