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Trinidad Drilling Ltd. ("Trinidad") uses reasonable commercial efforts to ensure that the information contained on this web site is accurate but does not in any way guarantee the currency, accuracy, completeness, non-infringement or authenticity of such information. All information contained on this web site, including all stock price information, is provided for convenience and information purposes only and is not intended for trading, business, financial or other purposes. Your use of this site is in itself acceptance of the foregoing disclaimer.

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Trinidad Drilling Ltd. to hold Conference Call and Webcast on third quarter results on Thursday November 6, 2008.
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES./TSX SYMBOL: TDG

    CALGARY, Oct. 15 /CNW/ - Trinidad Drilling Ltd. ("Trinidad" or the
"Corporation") is pleased to announce that they will release their third
quarter 2008 results prior to market open on Thursday, November 6, 2008. The
news release will provide consolidated third quarter operating information and
financial statements.
    A conference call and webcast to discuss the results will be held for the
investment community the same day beginning at 9:00 a.m. MT (11:00 a.m. ET).
To participate, please dial (800) 594-3615 (toll-free in North America) or
(416) 644-3425 approximately 10 minutes prior to the conference call. An
archived recording of the call will be available from approximately 11:00 a.m.
MT on November 6 until midnight November 13, 2008 by dialing (877) 289-8525 or
(416) 640-1917 and entering replay access code 21286000 followed by the pound
sign.
    A live audio webcast of the conference call will also be available via
Trinidad's website, www.trinidaddrilling.com

    Trinidad is a growth oriented corporation that trades on the TSX under
the symbol TDG. 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, Trinidad will have
126 drilling rigs ranging in depths from 1,000 - 6,500 metres. In addition to
its drilling rigs, Trinidad will have 26 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, technologically advanced and competitive in the industry.

    This news release shall not constitute an offer to sell or the
solicitation of an offer to buy the shares in any jurisdiction. The shares
offered will not be and have not been registered under the United States
Securities Act of 1933 and may not be offered or sold in the United States or
to a United States person, absent registration, or an applicable exemption
therefrom.




For further information:
For further information: Lyle Whitmarsh, President & Chief Executive
Officer, (403) 265-6525; Brent Conway, Chief Financial Officer, (403)
265-6525; Lisa Ciulka, Director of Investor Relations, (403) 294-4401, email:
lciulka@trinidaddrilling.com