Trinidad Drilling Ltd.

11:45 AM EST - Trinidad Drilling Ltd. : Announced that the Board of Directors has unanimously determined that the hostile offer from Ensign Energy Services Inc. to acquire all of the issued and outstanding common shares of Trinidad for cash at a price of $1.68 per Common Share is not in the best interest of the Company or its shareholders. Trinidad Drilling Ltd. shares T.TDG are trading up $0.02 at $1.78.