News Releases

    TSX SYMBOL: TDG.UN

    CALGARY, April 16 /CNW/ - Trinidad Energy Services Income Trust
("TDG.UN") announces that its monthly cash distribution to unitholders will be
11.5 cents per trust unit per month ($1.38 per annum) with the distribution to
be paid May 15, 2007 to unitholders of record on April 30, 2007.
    The Trust has implemented a Distribution Reinvestment Plan for the
benefit of its unitholders. Participation information can be found on our
website at www.trinidaddrilling.com, or registered unitholders may contact the
undersigned or Valiant Trust Company (the Plan Agent) at: Phone: 403-233-2801;
Fax: 403-233-2847; E-mail: inquiries@valianttrust.com. Non-registered
unitholders should contact their individual investment dealers.

    Trinidad Energy Services Income Trust is a growth oriented income trust
that trades on the TSX under the symbol TDG.UN. Trinidad's divisions operate
in the drilling and well servicing sectors of the North American oil and gas
industry. With the completion of the current rig construction programs, the
Trust will have 106 drilling rigs ranging in depths from 1,000 - 6,500 metres.
In addition to its drilling rigs, Trinidad has 20 service rigs that have been
completely retrofitted or are new within the past five years and 17 pre-set
and coring rigs. 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 and competitive in the
industry.

    The Toronto Stock Exchange has neither approved nor disapproved the
    information contained herein.