Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Trinidad Drilling Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Trinidad Drilling Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Trinidad Drilling Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Trinidad Drilling Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 9
Trinidad Drilling Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Trinidad Drilling Ltd, Oil & Gas, Deal Details 11
Partnerships 11
Trinidad Drilling Forms Joint Venture With Halliburton 11
Equity Offering 12
Trinidad Drilling Completes Bought Deal Public Offering Of Shares For US$114.1 Million 12
Trinidad Drilling Completes Public Offering Of Shares For US$163.4 Million 14
Debt Offering 16
Trinidad Drilling Completes Private Placement Of 6.625% Senior Notes, Due 2025 For US$350 Million 16
Asset Transactions 17
Trinidad Drilling Completes Sale Of Three Rigs In Saudi Arabia For US$91 Million 17
Alken Basin Completes Acquisition Of Coring And Pre-Set Rigs From Trinidad Drilling For US$11.7 Million 18
Acquisition 19
Precision Drilling To Acquire Trinidad Drilling For US$797.2 Million 19
Trinidad Drilling Acquires RigMinder For US$30 Million 21
Trinidad Drilling Completes Acquisition Of CanElson For US$410.9 Million 22
Trinidad Drilling Ltd – Key Competitors 24
Trinidad Drilling Ltd – Key Employees 25
Trinidad Drilling Ltd – Locations And Subsidiaries 26
Head Office 26
Other Locations & Subsidiaries 26
Recent Developments 27
Financial Announcements 27
Aug 07, 2018: Trinidad Drilling reports second quarter and year-to-date 2018 results; increased activity and higher dayrates drive strong improvement 27
May 07, 2018: Trinidad Drilling Reports First Quarter 2018 Results 33
Feb 26, 2018: Trinidad Drilling Reports Fourth Quarter And Year-End 2017 Results; Improving Industry Conditions Drive Higher Fourth Quarter Adjusted EBITDA 38
Nov 08, 2017: Trinidad Drilling Reports Third Quarter And Year-To-Date 2017 Results 43
Aug 01, 2017: Trinidad Drilling Reports Second Quarter 2017 Results 49
May 09, 2017: Trinidad Drilling Reports First Quarter Results; Improving Industry Conditions Drive Increased Activity 56
Mar 01, 2017: Trinidad Drilling Reports Fourth Quarter And Year-End 2016 Results; Year-Over-Year Results Lower But Industry Conditions Improving 62
Other Significant Developments 67
Aug 01, 2018: Trinidad Drilling concludes strategic review with clearly defined future plan; announces new director 67
Jul 12, 2018: Trinidad Drilling Provides Update On Its Operations And Advancement Of Its Technology Platform 70
Jul 03, 2018: Trinidad Drilling Announces Changes To Its Board Of Directors 71
Feb 20, 2018: Trinidad Drilling Initiates Strategic Review Process 72
Jan 29, 2018: Trinidad Drilling Responds To Increased Customer Demand With Relocation Of Rigs To Permian Basin, Texas 73
Jan 08, 2018: Trinidad Drilling Outlines Recent RigMinder Progress, Lowers G&A Guidance By Nearly 20% 75
Dec 14, 2017: Trinidad Drilling Announces 2018 Capital Spending Budget And International Contract Award 77
Nov 30, 2017: Trinidad Drilling Announces Extension And Amendment Of Its Credit Facility 78
Apr 26, 2017: Trinidad Drilling announces management changes 79
Mar 15, 2017: Strong Customer Commitments Drive Increase Of $55 Million To Trinidad Drilling’s 2017 Capital Budget 80
Mar 13, 2017: Trinidad Drilling announces departure of CEO and board member 81
Jan 17, 2017: Trinidad Drilling Announces 2017 Capital Budget And Operational Update 82
Appendix 84
Methodology 84
About GlobalData 84
Contact Us 84
Disclaimer 84
Trinidad Drilling Ltd, Oil & Gas, Key Facts, 2017 2
Trinidad Drilling Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Trinidad Drilling Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Trinidad Drilling Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Trinidad Drilling Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Trinidad Drilling Ltd, Deals By Sector, 2012 to YTD 2018 9
Trinidad Drilling Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Trinidad Drilling Forms Joint Venture With Halliburton 11
Trinidad Drilling Completes Bought Deal Public Offering Of Shares For US$114.1 Million 12
Trinidad Drilling Completes Public Offering Of Shares For US$163.4 Million 14
Trinidad Drilling Completes Private Placement Of 6.625% Senior Notes, Due 2025 For US$350 Million 16
Trinidad Drilling Completes Sale Of Three Rigs In Saudi Arabia For US$91 Million 17
Alken Basin Completes Acquisition Of Coring And Pre-Set Rigs From Trinidad Drilling For US$11.7 Million 18
Precision Drilling To Acquire Trinidad Drilling For US$797.2 Million 19
Trinidad Drilling Acquires RigMinder For US$30 Million 21
Trinidad Drilling Completes Acquisition Of CanElson For US$410.9 Million 22
Trinidad Drilling Ltd, Key Competitors 24
Trinidad Drilling Ltd, Key Employees 25
Trinidad Drilling Ltd, Subsidiaries 26
List of Figures
Trinidad Drilling Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Trinidad Drilling Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Trinidad Drilling Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Trinidad Drilling Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Trinidad Drilling Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Trinidad Drilling Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 7
Trinidad Drilling Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Trinidad Drilling Ltd, Oil & Gas, Deals by Sector, 2012 to YTD 2018 9