TDG: TSX $ CAN


STRATEGIC MERGER
with Precision Drilling
to Create High-Quality Contract Driller

Precision and Trinidad boards have both approved the transaction and recommend voting in favour of the strategic merger

Vote in FAVOUR of the Strategic Merger of Trinidad and Precision

The combination of two prominent North American drilling companies will create a leading oilfield service provider with a high-quality fleet, established operations throughout the key plays in North America, and an expanded international footprint.

Precision and Trinidad boards have both approved the transaction and recommend voting in favour of the strategic merger, as it offers a:

  • Premium of 25% to the Ensign hostile offer
  • Premium of 17% to Trinidad’s 30-day VWAP1,2
  • Premium of 14% to Trinidad’s closing price on October 4, 20181

1. From Precision’s 30-day VWAP to October 4, 2018
2. VWAP – volume weighted average price

Strategic Merger Highlights

  • Increased scale and resources
  • Expanded organic growth opportunities
  • Strong synergies and high-graded fleet
  • Larger platform for international growth opportunities
  • Enhanced platform for technology deployment
  • Increased size and trading liquidity
  • Customer-focused, high-performance culture
Latest News Presentation Information Circular

Trinidad Drilling Announces Strategic Merger with Precision Drilling to Create Industry-Leading Contract Driller

Please click here to view the presentation on the Strategic Merger with Precision Drilling

To come...

Letter to Shareholders Reasons to Vote in Favour

To come...

To come...

How to vote in FAVOUR of the Strategic Merger of Trinidad and Precision Drilling

An information circular regarding the Transaction and other matters to be considered at the Trinidad shareholders’ meeting is expected to be mailed to shareholders in November 2018. This page will be updated with new materials as they become available.

Special Shareholders Meeting

Details to come

Contact Information

You should contact D.F. King, the Information Agent retained by Trinidad, with any questions or if you have already tendered your Trinidad shares to the unsolicited hostile Ensign Offer, and would like to withdraw them.

North American Toll-Free Number: 1-866-521-4427
Collect Calls Outside North America: 1-212-771-1133

Email: inquiries@dfking.com