TABLE OF CONTENTS Triangle Highlights 5 Operated Program 9 RockPile Energy Services, LLC 12 Financial Overview 15 Key Investment Considerations 19
TRIANGLE HIGHLIGHTS
KEY INVESTMENT CONSIDERATIONS TRIANGLE OVERVIEW Focused on shareholder returns through execution of a 3 5 year growth strategy Completed first 6 operated wells in Core Area of McKenzie and Williams counties Significant…
TRIANGLE HIGHLIGHTS TRIANGLE TEAM TITLE PERSONNEL PRIOR EXPERIENCE Dr. Peter Hill has been Director of Triangle since November 2009, and was its Chief Executive Officer from December 2009 until his appointment as Executive Chairman…
TRIANGLE HIGHLIGHTS ACREAGE POSITION As of August 8, 2012, Triangle holds a balanced portfolio of 83,400 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 COMPLETIONS Larson Dwyer Gullickson Gullickson Frederick 1H 1H Trust 1H Trust 3H James 1H 24-Hour Max Rate 3,230 3,023 2,329 2,075 2,605 (Boe / d) 24-Hour Actual 2,265 1,429 1,381 1,714 1,541…
OPERATED PROGRAM INVENTORY OF DERISKED OPERATED LOCATIONS Approved as of 8/8/2012 26 Permits: 160N 96W 160N 95W 1 Dwyer 15010121161H 33N 57E 33N 58E 159N 103W 159N 102W 159N 101W 2 Larson 149101941H through 4H 159N 100W…
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…
ROCKPILE ENERGY SERVICES, LLC KEY LOCATIONS IN THE WILLISTON BASIN The RockPileTriangle Combined Platform Offers a Compelling Infrastructure Position Relative to the Basin: Triangleoperated State Pad: RockPile to frac two wells…
FINANCIAL OVERVIEW
FINANCIAL OVERVIEW CAPITAL STRUCTURE On July 31, 2012, Triangle announced an investment by Natural Gas Partners (NGP), an Irving, Texas based private equity program Proceeds from transaction will support the escalation of…
FINANCIAL OVERVIEW Current Position AS OF AUGUST 8, 2012 PRODUCTION FORECAST 3,500 Current Capitalization 3,000 Share Price 6.26 Exit Rate Fully Diluted Shares Outstanding 44.2 2,500 2,600 3,200 Boe/d Market Capitalization 277.0…
FINANCIAL OVERVIEW FY2013 Capital Budget BUDGET DETAIL Previous CAPEX Revised Capex Capital Expenses Change (MM) Budget (MM) Budget (MM) 2Rig Operated Drilling Program 68.0 30.0 98.0 NonOperated Drilling Program 30.0 (15.0)…
KEY INVESTMENT CONSIDERATIONS
KEY INVESTMENT CONSIDERATIONS TRIANGLE OVERVIEW Focused on shareholder returns through execution of a 3 5 year growth strategy Completed first 6 operated wells in Core Area of McKenzie and Williams counties Significant…