Feb 20 (Reuters) - Trinidad Drilling Ltd TDG.TO :
* TRINIDAD DRILLING LTD. INITIATES STRATEGIC REVIEW PROCESS
* TRINIDAD DRILLING LTD - COMMENCED A FORMAL PROCESS TO INITIATE A STRATEGIC REVIEW IN AN EFFORT TO ENHANCE SHAREHOLDER VALUE
* TRINIDAD DRILLING LTD - BOARD HAS APPOINTED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO FACILITATE AND LEAD REVIEW
* TRINIDAD DRILLING - DOES NOT INTEND TO DISCLOSE DEVELOPMENTS REGARDING STRATEGIC REVIEW PROCESS UNLESS BOARD HAS APPROVED A SPECIFIC TRANSACTION