Trinidad Drilling Ltd.
Release Date: September 19, 2002
Michael E. Heier Acquires Securities Of Trinidad Drilling Ltd.
18:25 EDT Thursday, September 19, 2002
CALGARY, Sept. 19 /CNW/ – Michael E. Heier (“Heier”) reports during the period from July 16, 2002 to August 29, 2002, Heier acquired an aggregate of 223,650 common shares of Trinidad Drilling Ltd. (the “Corporation”) through the facilities of The Toronto Stock Exchange. In addition, Lisa Kozloski (“Kozloski”), a person who acts jointly or in concert with Heier, acquired, on July 22, 2002, an aggregate of 58,650 common shares of the Corporation through the facilities of The Toronto Stock Exchange. As a result, Heier, and every person acting jointly or in concert with Heier, being Kozloski and CKL Exploration Ltd. (collectively, the “Heier Group”), now own an aggregate of 1,328,411 common shares of the Corporation, which represents approximately 13.24% of the aggregate number of the Corporation’s common shares outstanding as at September 10, 2002.
The interest of the Heier Group in the Corporation is for investment purposes only and the Heier Group is considering additional purchases. The Heier Group reserves the right to purchase additional securities of the Corporation or from time to time to dispose of securities of the Corporation held by the Heier Group.
For further information: Michael E. Heier, (403) 265-6525