Sunday, December 7, 2025

Ensign Take-Over Bid for Trinidad Expires, New Transaction Coming

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

Trinidad Drilling Announces Changes to Board of Directors

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