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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Trinidad Drilling Ltd.    TDG   CA8963561029

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Business Summary
Provides drilling and barge-drilling services

Trinidad Drilling Ltd. engages in the drilling of oil and natural gas resources.

It operates through the following segments: Canadian Operations; United States and International Operations; Manufacturing Operations; Joint Venture Operations; and Inter-Segment Eliminations; and Corporate.

The Canadian Operations segment offers land drilling services to the Canadian oil and gas industry.

The United States and International Operations segment refers to the contract drilling to the United States and international oil and gas industries.

The Manufacturing Operations segment relates to the drilling rig and equipment construction and fabrication business which builds and maintains Trinidad's drilling rigs and related equipment.

The Joint Venture Operations segment includes two international joint ventures.

The Inter-Segment Elimination segment consists of revenues earned by the manufacturing division for work performed for other internal segments.

The Corporate segment acts as a support function to the other segments.

The company was founded by Michael E. Heier on February 23, 1996 and is headquartered in Calgary, Canada.
Sales per Businesses
CAD (in Million)%CAD (in Million)%
United States/International Operations306.5155.5%205.9369.4% -32.81%
Canadian Drilling Operations202.0636.6%152.2451.3% -24.66%
Manufacturing Operations42.057.6%57.6519.4% +37.11%
Corporate1.270.2%1.050.4% -17.44%
Sales per Regions
CAD (in Million)%CAD (in Million)%
United States and International306.5155.5%205.9369.4% -32.81%
Canada202.0636.6%152.2451.3% -24.66%
North America42.057.6%2.921% -93.06%
Corporate1.270.2%1.050.4% -17.44%
Brent J. Conway-2001President & Chief Executive Officer
Michael E. Heier571996Chairman
Adrian LaChance-2003Chief Operating Officer
Lesley Bolster-2009Chief Financial Officer
Kenneth S. Stickland632004Lead Independent Director
Robert James Brown652011Independent Director
Brian Burden602013Independent Director
David Halford, CPA552013Independent Director
Nancy M. Laird, MBA612016Independent Director
Scott W. N. Clarke--Secretary
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 273,457,951 272,697,392 99.7% 0 0.0% 99.7%
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Mackenzie Financial Corp. 4,160,657 1.52%
Vertex One Asset Management, Inc. 2,824,400 1.03%
Company contact information
Trinidad Drilling Ltd.
1000, 585-8th Avenue SW
Calgary, AB T2P 1G1

Phone : +1.403.265.6525
Fax : +1.403.265.4168
Web : www.trinidaddrilling.com
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