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BRIEF-Trinidad Drilling says increased capital expenditure budget for 2017 by $80 mln

May 1 Trinidad Drilling Ltd

* Announced that it has increased its capital expenditure budget for 2017 by $80 million

* In 2017, Trinidad expects to spend approximately $175 million in capital expenditures

* Trinidad Drilling - expects to recover upgrade capital invested in 2017 through incremental adjusted EBITDA on an annualized basis within 2.5 years Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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