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Gold/Mining/Energy : KERM'S KORNER

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To: Herb Duncan who wrote (11858)7/23/1998 11:21:00 PM
From: Herb Duncan  Read Replies (2) of 15196
 
SERVICE SECTOR / Aldrilco & Trident to Combine Operations

JULY 23, 1998



CALGARY, ALBERTA--In a joint release today by the principals of
Aldrilco Inc. and Trident Drilling Inc., both of Calgary, it was
announced that the two companies would be combining their business
operations. The enterprise will be carried on under the Aldrilco
name, in the business of oil and gas well drilling contracting.
The company will operate eight drilling rigs; five 2600m double
derrick rigs, one 2200m double derrick rig, and two 1200m single
derrick top drive rigs.

Mr. Alex T. Lemmens, President of the Company, in making the
announcement said, "The combined Company will provide a high level
of service to the oil and gas industry through the efforts of it's
dedicated personnel, the provision of current technology and
highly efficient drilling equipment. The rigs are designed for
and have successfully completed numerous medium depth natural gas,
horizontal re-entry, and surface hole drilling projects.

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