CORPORATE PROFILE

Trinidad Drilling Ltd. is a growth-oriented dividend-paying corporation, focused on creating and capitalizing on market opportunities within the oil and gas drilling and well servicing sector. Our business practices promote safe, efficient operations which encourage optimal operational and financial performance. We focus our capital investments to provide strong capital returns which are accretive to our unitholders. To carry out this mission we have developed key business strategies which we use to manage our business and monitor performance. Trinidad's primary goal is to add Unitholder value, by responding effectively to client needs, keeping operating costs low and striving to maintain utilization rates and day rates above the industry average, all while providing excellent customer service.

Since its incorporation, Trinidad has grown through corporate and asset acquisitions and construction of new drilling rigs. Trinidad's primary objective has been to create critical mass in the drilling business.

Business Strategies

• Capitalize on industry fundamentals & market trends
• Invest in our employees
• Focus on accretive capital investments
• Provide quality equipment & cost efficient operations
• Monitor performance
  

We will:

• Be market driven - we will focus on market conditions based on industry trends and fundamentals.
• Invest in our people in terms of training, safety and experience.
• Invest capital focused on return and accretion for the benefit of our unitholders. Every dollar we invest must add incremental cashflow or provide for improved utilization.
• Provide quality equipment which meets industry certification requirements and promote safe & cost effective operations.
• Monitor performance and take corrective action when needed in a timely manner.