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Trinidad Drilling Ltd (TDG.TO)

TDG.TO on Toronto Stock Exchange

1.67CAD
15 Feb 2019
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Wed, Nov 28 2018

UPDATE 2-Trinidad Drilling top execs quit as Ensign tender gets most shares

* Precision Drilling aims for $20 mln termination fee (Adds Trinidad management resignations)

Ensign Energy tender gets over 50 percent of Trinidad shares, Precision ends bid

Canada's oilfield services provider Ensign Energy Services Inc said on Tuesday about 56 percent of Trinidad Drilling Ltd's shares have been tendered in its hostile offer, with rival bidder Precision Drilling Corp walking away.

Deals of the day-Mergers and acquisitions

Nov 27 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

Ensign Energy says over 50 pct of Trinidad shares tendered in hostile bid

Nov 27 Canada's oilfield services provider Ensign Energy Services Inc said on Tuesday about 56 percent of Trinidad Drilling Ltd's shares have been tendered to its hostile bid, giving the company an upper hand over Precision Drilling Corp's rival offer.

Precision Drilling to buy Trinidad Drilling in C$1.03 bln deal

Oct 5 Canadian rig contractor Precision Drilling Corp said on Friday it would buy smaller rival Trinidad Drilling Limited in a deal valued at C$1.03 billion ($796 million).

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