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Trinidad Energy Services Income Trust announces cash distribution for February 2008
TSX SYMBOL: TDG.UN CALGARY, Feb. 15 /CNW/ - Trinidad Energy Services Income Trust ("TDG.UN") announces that, further to its press release of January 10, 2008, its monthly cash distribution to unitholders will be $0.05 per trust unit per month with the distribution to be paid March 17, 2008 to unitholders of record on February 29, 2008. 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, well servicing and barge drilling sectors of the North American oil and gas industry. With the completion of the current rig construction programs, the Trust now has 110 drilling rigs ranging in depths from 1,000 - 6,500 metres. In addition to its drilling rigs, Trinidad has 20 service rigs, 20 pre-set and coring rigs and 4 barge rigs currently operating in the Gulf of 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 and competitive in the industry. The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
For further information:
For further information: Lyle Whitmarsh, President & CEO or Brent Conway, CFO at (403) 265-6525, e-mail: mbentley@trinidaddrilling.com