Exploration & Production | Quarterly / Earnings Reports | Production | Third Quarter (3Q) Update
Triangle Details 3Q Fiscal Results; Touts RockPile Success
Print
|
Triangle Petroleum Corporation has reported an operational update and reports its third quarter fiscal year 2015 results for the three-month period ended October 31, 2014.
Third Quarter Highlights for Fiscal Year 2015 Quarterly production volumes of 1,125 Mboe (12,230 Boepd) as compared to 626 Mboe (6,804 Boepd) in Q3 fiscal 2014 (+80% y/y) Total estimated proved reserves of 57,120 Mboe as of October 31, 2014 as compared to 32,529 Mboe as of October 31, 2013 (+76% y/y) Consolidated revenues of $174.2 million as compared to $88.5 million in Q3 fiscal 2014 (+97% y/y) Consolidated adjusted net income of $14.9 million, or $0.15 fully diluted EPS, as compared to $13.0 million, or $0.14 fully diluted EPS in Q3 fiscal 2014 (+15% y/y) RockPile Energy Services, LLC contributed revenue of $94.1…Finish this article — free account or subscription
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in