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Triangle Petroleum Corporation Message Board

  • limitspecs38 limitspecs38 May 22, 2013 9:23 AM Flag

    TPLM Puts 5th Drilling Into Service

    Daily active drilling list shows that TPLM placed a 5th rig (Craig 2) into service yesterday (5/21) drilling the Arnegard 1-h in McKenzie. Drilling rig Extreme 7 is still showing on the Dwyer 149-6h and has been on this pad since April 4rh - drilling multiple wells on this 1 pad to be fracced after all the wells have been drilled.............

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    • nice! really picking up the pace. adds to the triangle 150-6H started 5/9, the Dwyer 150-2H started 4/23, and the State 152-2H started 4/23 all in McKenzie county, Rockpile will stay fully busy shaving tplm costs. some analyst estimates for current Q have been rising, would not be surprised to see that continue. Analysts forecasting decent earnings this year which will grow another 75% by next year, according to morningstar . Distressed little growth stock starting to grow up

 
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