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Triangle Petroleum Corporation Message Board

  • averagephysique Feb 28, 2013 4:35 PM Flag

    why should you buy triangle

    I own 3/ 8 of an acre in mckenzie county and triangle just completed 2 wells which are averaging over 500 barrels a day. I am one of only 3 people that own rights on this 1200 acre play that went non-consent... about 2acres total The rest s owed by Triangle and I believe a smal portion in another oil company. Triangle says they are going to drill at least 2 more wells on this plot and up to 8 total . They are just drilled 2 more wells on another plot also which i testin good. They have to keep drilling wells on each one of their plots to secure the drilling rights before they drill the remaining wells on my plot.. Ive done the math, with all the wells I know they are drilling the will be profitting 200M+ per year in a couple years @ $80 barrel after costs and 200 barrels a day average per well. Trust me

    Sentiment: Strong Buy

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