Trinidad Energy Services

Release Date: September 16, 2003
News from Canada NewsWire

Trinidad Energy Services Income Trust announces cash distribution for September, 2003

15:32 EDT Tuesday, September 16, 2003

TSX SYMBOL: TDG.UN

CALGARY, Sept. 16 /CNW/ – Trinidad Trust (“TDG.UN”) confirms that the cash distribution for the month of September 2003 to be paid October 15, 2003, for unitholders of record on September 30, 2003, will be 3.5 cents per trust unit ($.035 per month x 12 (equal sign) $.42 per year).

As per the press release of December 10, 2002 Trinidad Trust has implemented a Distribution Reinvestment Plan for the benefit of its unitholders. For participation information Registered Unitholders may contact the undersigned or Valiant Trust Company (the Plan Agent) at: Phone: 403-233- 2801; Fax: 403-233-2847; E-mail: valiantstocktransfer(at)telusplanet.net; Non- Registered Unitholders should contact their individual investment dealers.

Trinidad Energy Services is a growth oriented income trust that trades on the TSX under the symbol TDG.UN. Trinidad’s divisions operate in the drilling and well servicing sectors of the Canadian oil and gas industry. The company has a total of 15 drilling rigs and 8 service rigs. 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 and competitive in the industry.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

/For further information: Michael E. Heier, CEO or Brent Conway, CFO at 403-265-6525, e-mail: linda(at)trinidaddrilling.com/

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