Oilfield Service Companies: Trinidad Drilling

Trinidad Drilling Ltd. , is a 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 nameTrinidad Energy Services Income Trust, it has since reverted back to a corporation and reverted to the name Trinidad Drilling.

Profile

Trinidad Drilling is focused on creating and capitalizing on marketopportunities 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 iscapital 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 constructionof 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, Si4gR3Jvc3MgKHBhZ2UgZG9lcyBub3QgZXhpc3Qp">Peter J. Gross,Michael E. Heier, and Ken Stickland.