Trinidad Drilling

• Calgary-based Ensign Energy shares fall as 2nd-quarter net loss exceeds forecasts

  Shares in Ensign Energy Services fell by as much as 6.8 per cent after it reported a second-quarter net loss of $31.7 million.

  Canada

  Aug 6, 2019
  
• Precision Drilling buying Trinidad Drilling in friendly deal valued at $1 billion

  Two of Canada's largest oil and gas drillers have agreed to combine in a deal worth about $1.03 billion, positioning them to have the third-largest contract drilling fleet in the United States.

  Money

  Oct 5, 2018
  
• Advertisement
• Ensign Energy makes hostile takeover bid for Calgary-based Trinidad Drilling

  Shares in Calgary-based Trinidad Drilling Ltd. leaped by almost 15 per cent on Monday after cross-town rival Ensign Energy Services Inc. announced it would make a hostile $470-million cash takeover bid.

  Money

  Aug 13, 2018
• Advertisement
• Trinidad Drilling net loss deepens despite revenue rise fuelled by U.S. growth

  Calgary-based Trinidad Drilling reported financial results Tuesday.

  Canada

  Feb 27, 2018
• Canadian drillers moving oil rigs south to chase better prospects in Texas

  A growing number of Canadian drilling rigs are being moved south of the border to take advantage of brighter prospects for oil and gas in the United States — and observers say it's unlikely they will ever return home.

  Economy

  Jan 31, 2018
• Trinidad Drilling said it’s made more revenue from not drilling

  The news comes as the western Canadian drilling rig count fell by two rigs to 125 this week, 94 fewer than last year at this time and 254 rigs fewer than the five-year average of 379 rigs, according to a report from RBC Dominion Securities.

  Money

  Aug 3, 2016