News Releases

    TSX SYMBOL:  TDG.UN

    CALGARY, July 13 /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
August 15, 2007 to unitholders of record on July 31, 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 Axxis acquisition and the current rig
construction programs, the Trust will have 110 land drilling rigs and two
barge rigs ranging in depths from 1,000 - 6,500 metres. In addition to its
drilling rigs, Trinidad has 21 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.