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Triangle Petroleum Corporation Message Board

  • uphillspirit uphillspirit Oct 11, 2013 9:19 PM Flag

    A large oil company like Exxon Mobil that does not have much of a oil Shale play in the Baaken Region

    They could offer us Stockholders a nice premium in a takeover., It could be any large oil company I just mentioned Exxon Mobil. Could we get $20.00 a share. One big find on the property that TPLM owns will wake a big oil company buy.this company.

    Sentiment: Buy

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    • Exxon Mobil bought Denbury Resources (DNR) wells & leases at the end of last year for
      1 Billion Dollars so I don't think it would be Exxon Mobil. There are plenty of other companies
      that might be interested in buying TPLM IMHO.


      Sentiment: Strong Buy

    • Why would they pay almost double the current price? Pretty sure everybody would vote yes to a 50% gain. Hopefully we start trading higher first.

    • TPLM will do better off in the long run, without any merger from Exxon. Despite the 'one time premium' that Triangle shareholders would receive from Exxon, Triangle shareholders would profit more on an annual basis, year after year, without a merger. Exxon has become a stodgy old company, a battleship that takes too long to turn to increase profits.

      TPLM is the place to be, as a stand along company; plenty of room for growth of business and profits.

    • joeepowell Oct 12, 2013 7:52 AM Flag

      I just got off two exxon projects. Both were deep water off shore each were $20 billion in cost. That is focus now

    • It is usually not worth one's while to think too much about this sort of thing--however, I think you are right. TPLM, because it has some good real estate, relatively low debt, and Rock Pile, is a much better interim purchase than KOG (though I own so much more KOG that I wish it were KOG in the sights short-term). But don't forget the Canadian companies--there are a number of fabulous Canadian companies with low debt and phenomenal real estate--I think XOM has at least a couple of them in the sights. Still, TPLM will be a delicious purchase and I think she will go in the next 18 months.

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