/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES./
TSX SYMBOL: TDG
CALGARY, June 18, 2014 /CNW/ - The Board of Directors of Trinidad
Drilling Ltd. (Trinidad) has declared a cash dividend for the second
quarter of 2014 of $0.05 per common share to be paid July 15, 2014 to
shareholders of record on June 30, 2014. The dividend is designated as
an "eligible dividend" for Canadian Income Tax purposes.
Trinidad is a corporation focused on sustainable growth that trades on
the Toronto Stock Exchange under the symbol TDG. Trinidad's divisions
operate in the drilling and barge-drilling sectors of the North
American oil and natural gas industry with operations in Canada and the
United States. In addition, through a joint venture, Trinidad has the
opportunity to operate drilling rigs in other international markets
such as Saudi Arabia and Mexico. Trinidad is focused on providing
modern, reliable, expertly designed equipment operated by well-trained
and experienced personnel. Trinidad's drilling fleet is one of the most
adaptable, technologically advanced and competitive in the industry.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy the shares in any jurisdiction. The
shares offered will not be and have not been registered under the
United States Securities Act of 1933 and may not be offered or sold in
the United States or to a United States person, absent registration, or
an applicable exemption therefrom.
SOURCE: Trinidad Drilling Ltd.
For further information:
Vice President, Investor Relations