Nov 16 (Reuters) - Ensign Energy Services Inc ESI.TO :
* ENSIGN ACCELERATES EXPIRY OF PREVIOUSLY ANNOUNCED ALL-CASH OFFER TO ACQUIRE TRINIDAD TO NOVEMBER 27, 2018
* SHAREHOLDERS OF TRINIDAD TO RECEIVE $1.68 IN CASH PER TRINIDAD COMMON SHARE
* PRECISION AND TRINIDAD HAVE NEGOTIATED A COERCIVE BREAK FEE WHICH IMPOSES A COST OF $20 MILLION ON TRINIDAD
* ENSIGN SAYS IT IS VARYING CERTAIN TERMS OF OFFER DATED AUG 30 TO ACQUIRE, THROUGH A WHOLLY-OWNED SUBSIDIARY, SHARES OF TRINIDAD DRILLING LTD
* SAYS SHORTENS TIME PERIOD FOR ACCEPTANCE OF OFFER TO 10:00 A.M. (TORONTO TIME) ON NOVEMBER 27, 2018