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Trinidad Tapped to Build Rig for Liard Basin Project

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Trinidad Tapped to Build Rig for Liard Basin Project

Trinidad Drilling Ltd. has signed a contract to build one of Canada's largest and most technically-advanced land rigs.

The rig is being constructed to drill natural gas in the Liard Basin, an area that is being developed to supply gas for the future liquefied natural gas (LNG) plants proposed for the west coast of British Columbia.

The new rig will be constructed at Trinidad's in-house manufacturing facility in Nisku, Alberta and will be equipped with the Company's latest advancements in high-performance drilling technology, including an automated rig moving system. The rig will be a 1.25 million pound hook load, 3,000 horsepower AC rig with a depth capacity of 8,000 metres (26,250 feet). The rig will be operating under a five-year, take-or-pay contract with a minimum of 350 days per year…

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