One-Page Deal Sheet
Triangle Petroleum Announces Acquisition in Williston Basin
Triangle Petroleum Corp Not Disclosed
Announced Date
May 24,2011
Close Date
May 24,2011
Transaction Type
Property
Location
Region
Williston Basin
Country
United States
State
North Dakota
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Triangle Petroleum Corporation announced acquisitions totaling approximately 42,000 net acres prospective for the Bakken and Three Forks formations in the Williston Basin. The acquisitions bring Triangle’s total net acreage position in the Williston Basin to approximately 72,000 net acres and bring its total operated acres to approximately 51,000 net acres.
Operated Acreage
The 42,000 net acre acquisition, called the Station Prospect, is located in an undisclosed area of Montana prospective for both the Middle Bakken and Three Forks formations. The acreage is largely contiguous and Triangle…
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