Trinidad Drilling Mergers and Acquisitions Summary

Oil/gas Exploration Company

Trinidad Drilling has acquired 2 companies of its own, including 1 in the last 5 years.

Trinidad Drilling’s largest acquisition to date was in 2015, when it acquired CanElson Drilling for $505M. Trinidad Drilling has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include information technology (50%) and oil/gas exploration (50%).

Join Mergr and gain access to Trinidad Drilling’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Advisors 1

Trinidad Drilling Ltd.

1000, 585 - 8th Avenue SW,
Calgary, Alberta T2P 1G1
Canada,
(403) 265-6525
www.trinidaddrilling.com

Trinidad Drilling combines high-performance people, equipment and manufacturing to unlock reserves for energy producers in North America and overseas. Trinidad's divisions operate in the drilling and barge-drilling sectors of the North American oil and natural gas industry with operations in Canada and the United States. 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. The company was founded in 1996 and is headquartered in Calgary, Canada.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.2/yr) # 1 - 1 - - - 2
vol $505M $30M $535M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
RigMinder Operating LLC 2017-08-28 30M USD Add-on Acquisition
The Woodlands, Texas · www.rigminder.com
CanElson Drilling, Inc. 2015-06-11 505M USD Add-on Acquisition
Calgary, Alberta · www.canelsondrilling.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 1 (50%) 30M (6%) - -
Oil/Gas Exploration 1 (50%) 505M (94%) - -
Total 2 $535M - -

By Geo

State/Country Buy Value Sell Value
Canada 1 505M - -
  Alberta 1 505M - -
United States 1 30M - -
  Texas 1 30M - -
Domestic 1 (50%) 505M (94%) - -
Cross-border 1 (50%) 30M (6%) - -
Total 2 $535M - -

Top M&A Advisors

Financial Deals
Raymond James - Investment Banking
1

Deal Values

buy # Total
$100M to $1B 1 $505M
< $100M 1 $30M
TOTAL $535M
Largest CanElson Drilling, Inc.
$505M (2015-06-11)

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