Operator
Triangle Petroleum Corp
26 articles mentioning Triangle Petroleum Corp · Page 1 of 2
Triangle Petroleum Files for Bankruptcy
On May 8, 2019, Triangle Petroleum filed a chapter 11 petition for bankruptcy. Triangle has assets in the Williston Basin.
Triangle Petroleum Delisted from NYSE
As a result of the delisting notice, the Company's common stock is expected to begin trading on the OTC Pink marketplace.
Exclusive : Bankrupt E&P Scores $240 Million To Fund Operations
According to court documents, bankrupt Triangle Petroleum has received court approval to enter into a new $250 MM credit facility with JP Morgan Chase once the company exits bankruptcy. The attorney for Triangle petroleum stressed it...
Bankruptcy Courts Allowing Operators to Rip Up Midstream Contracts
A recent ruling by a federal judge gives E&P companies the ability to wiggle out of pipeline / takeaway deals made prior to the downturn of oil and gas prices.
Triangle's Bakken - Focused E&P Arm Files Chapter 11
Converting 73% of senior unsecured notes into equity
After Review, Triangle's RockPile to Become Stand-Alone Entity
RockPile Energy Services, LLC, a subsidiary of Triangle Petroleum Corporation, provided an update on the Company's ongoing strategic review process.
Bakken/Three Forks E&P Exploring Strategic Alternatives
The company has commenced a process to explore and evaluate strategic alternatives with respect to its individual business units and the Company as a whole.
Triangle Petroleum Tags 1,259 MBOE in 3Q Production
Quarterly production volumes of ~1,259 Mboe (13,685 Boepd).
Triangle Petroleum Borrowing Base Reaffirmed at $350MM
Following this redetermination, Triangle had approximately $293 million of total liquidity (+2% QoQ) at the end of the third quarter of fiscal year 2016.
Triangle Talks Successful Bakken Downspacing; Financial Results
As of January, 31 2015, approximately 90% of operated producing wells were connected to gas sales and 91% were connected to oil gathering infrastructure.
The Bakken/Three Forks in 2015: Budgets & Hedges
Part IV of our "Budgets & Hedges" feature series is focused on the Bakken/Three Forks play. Eight companies' 2015 budgets and hedge positions (if available) are detailed.
Triangle Petroleum to Cut Budget Down 70% YOY
Triangle Petroleum Corporation reported its capital budget outlook and guidance for its E&P segment, RockPile Energy Services and an update on Caliber Midstream for fiscal year 2016, ending January 31, 2016.
Triangle Details 3Q Fiscal Results; Touts RockPile Success
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).
Triangle Cuts Bakken Spud-to-TD Times; Adds 15 Wells
Triangle completed 15 gross (9.9 net) operated wells and 21 gross (1.0 net) non-operated wells in Q2 fiscal 2015.
Triangle Petroleum Funds Williston Basin Transaction
TUSA intends to use the net proceeds to reimburse Triangle for capital contributions to TUSA in connection with closing the acquisitions of Williston Basin properties.
Triangle to Offer $350 Million in Senior Notes
TUSA intends to use the net proceeds from this offering to pay down and terminate its second lien credit facility.
Triangle Running 4 rigs for Remainder of Year
Increased operated drilling program to four operated rigs from three.
Triangle to Bolt On Oily Properties in the Williston Basin
For more information including purchase price, net acreage, production and more, access the story here via Shale Experts' A&D Database.
Hybrid Frac Design Fuels Triangle's Growth In The Bakken
Implemented a new completion design that utilizes cemented liners and a hybrid frac design, with early results demonstrating a possible 30 - 40% improvement..
Triangle Petroleum Outlines 2015 Fiscal Year CapEx
Triangle Petroleum Corporation has detailed its capital budget outlook and guidance for its E&P segment, RockPile Energy Services and Caliber Midstream for fiscal year 2015, ending January 31, 2015.