TRIANGLE HIGHLIGHTS TRIANGLE OVERVIEW Focused on shareholder returns through execution of a 3 5 year growth strategy Completion operations on first 4 5 operated wells beginning in one week Significant forecasted production…
TRIANGLE HIGHLIGHTS TRIANGLE TEAM TITLE PERSONNEL PRIOR EXPERIENCE Dr. Peter Hill has been Director and Chief Executive Officer of Triangle since December 2009. Dr. Hill has over 39 years of experience in the international oil &…
TRIANGLE HIGHLIGHTS ACREAGE POSITION As of April 14, 2012, Triangle holds a balanced portfolio of 83,000 net acres in the core of the Bakken Continuous Oil Play niels Sheridan Divide Burke Roosevelt Williams Core Area Station…
OPERATED PROGRAM
OPERATED PROGRAM CORE AREA RECENT DEVELOPMENTS As of April 14, 2012, Triangle has successfully drilled three wells; currently drilling lateral portion of 4th well 1 Dwyer 15010121161H Spud to TD: 62 days 2 Larson…
OPERATED PROGRAM COMPLETIONS DESIGN Starting April 23rd, Triangle plans to complete two standalone wells (the Dwyer and the Larson) and one multiwell pad (the Gullickson Trust unit) All wells are Middle Bakken targets Completion…
OPERATED PROGRAM CORE AREA OFFSET ACTIVITY Well Name IP Date Well Name IP Date 1 Norfolk 29 Drovdal 11Jun11 2 Loomer 15Jul11 30 Holm 20Aug11 3 Koala 16Apr11 31 Wilson 14May11 4 Koala 10Apr11 32 Sergeant Major 21Jul09 5 Stenberg…
OPERATED PROGRAM SIGNIFICANT INVENTORY OF DERISKED OPERATED LOCATIONS 160N 99W 160N 98W 160N 97W 160N 96W Approved as of 4/14/2012 17 Permits: 33N 57E 33N 58E 160N 95W 159N 103W 159N 102W 159N 101W 159N 100W 159N 99W…
ROCKPILE ENERGY SERVICES, LLC
ROCKPILE ENERGY SERVICES, LLC SUMMARY OVERVIEW RockPile Energy Services, LLC (RockPile) is a 83% owned subsidiary of Triangle Petroleum Corporation (Triangle) focused on providing pressure pumping and ancillary services in the…
FINANCIAL OVERVIEW
FINANCIAL OVERVIEW Current Position AS OF APRIL 14, 2012 PRODUCTION PROFILE Current Capitalization 3,500 Share Price 6.15 3,000 Exit Rate Fully Diluted Shares Outstanding 43.3 Market Capitalization 266.2 2,500 2,600 3,200 Boe/d…
FINANCIAL OVERVIEW FY2013 Capital Budget BUDGET DETAIL Expected Expenses FY2013 Budget 1Rig Operated Drilling Program 68 NonOperated Drilling Program 30 Land Spend 10 Infrastructure 15 Cash G&A 8 Total Budget 131 300MM credit…
KEY INVESTMENT CONSIDERATIONS
TRIANGLE HIGHLIGHTS TRIANGLE OVERVIEW Focused on shareholder returns through execution of a 3 5 year growth strategy Completion operations on first 4 5 operated wells beginning in one week Significant forecasted production…
Loading...
