FirstEnergy hosted Brent Conway (President) and Lisa Ottmann (VP, Investor Relations) of Trinidad Drilling for a management update on October 5, 2015. Trinidad continues to pragmatically manage the downturn through ongoing reviews of its cost structure while competitively bidding for work where appropriate. Trinidad's contracted status of ~35% in 2015e has helped it mitigate some of the reduction in North American rig count, but the reality is that all companies have been meaningfully impacted. ....
