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Trinidad Drilling Ltd.
Type Public (TSXTDG)
Founded Calgary, Alberta (1996)
Headquarters Canada Calgary, Alberta, Canada
Key people Michael E. Heier, Chairman & CEO, Lyle C. Whitmarsh, President
Industry Oil and Gas
Products Drilling & Well services
Revenue Green Arrow Up.svg$288.332 million CAN (2005)
Employees 3,000[1]
Website www.trinidaddrilling.com

Trinidad Drilling Ltd. (TSXTDG.UN), is a growth-oriented corporation headquartered in Calgary, Alberta that operates in the drilling and well servicing sectors of the North American oil and gas industry. The company had converted to an income trust in 2002 did business under the name Trinidad Energy Services Income Trust, it has since reverted back to a corporation and reverted to the name Trinidad Drilling.

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Profile

Trinidad Drilling is focused on creating and capitalizing on market opportunities within the oil and gas drilling and well servicing sector. Their business practices promote safe, efficient operations which encourage optimal operational and financial performance. Their focus is capital investments to provide strong capital returns which are accretive to our unitholders. To carry out this mission they have developed key business strategies which they use to manage their business and monitor performance. Trinidad Drilling's primary goal is to add Unitholder value, by responding effectively to client needs, keeping operating costs low and striving to maintain utilization rates and dayrates above the industry average, all while providing excellent customer service.

Since its incorporation, Trinidad Drilling has grown through corporate and asset acquisitions and construction of new drilling rigs. Trinidad's primary objective has been to create critical mass in the drilling business.

Corporate governance

Current members of the board of directors of Trinidad Energy Services are: Naveen Dargan, Peter J. Gross, Michael E. Heier, and Ken Stickland.

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External links

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