CORRECTED-(OFFICIAL)-BRIEF-Trinidad Drilling Q4 loss $0.64 per share (March 2)

March 2 (Reuters) - Trinidad Drilling Ltd : * Says Q4 loss $0.64 per share * Trinidad Drilling Ltd reports fourth quarter and full year 2015 results; solid operating margins driven by strong contract base and cost controls, dividend suspended * Says board of directors agreed to suspend the dividend, effective immediately * Says in 2016, Trinidad expects to spend approximately $30.0 million in capital expenditures * Says lower commodity prices have resulted in further reductions to the cap