We have expressed more than once the wish for a strategic partner who would help them speed up the drilling program, and voilà, there it is: Zodiac exploration corporation. This is good news, albeit not reflected in the price. We had to write that quite a few times the last couple of weeks..
Entries Tagged as 'TPLM'
Triangle Petroleum (TPLM) isn’t wasting any time
June 26th, 2008 · 6 Comments
Tags: TPLM
Update Triangle Petroleum 6/5
June 6th, 2008 · No Comments
It should be called Triangle gas, because there is 69Tcf of the stuff, which is a truly bizarre amount (only 10% may be recoverable, but still..). We had communications with the company, as we promised.
Tags: TPLM
Triangle (TPLM) finances
June 3rd, 2008 · 1 Comment
We forgot to mention it in our previous update (it should teach us not to write about four companies in a single post anymore!), but they did a financing deal. And a pretty large one. First the details:
24M shares at $1.40
12M warrants at #2.25
No registration, so these shares have a lock-up period (usually a year, […]
Tags: TPLM
Update EFUT, DRYS, IOC, TPLM
June 2nd, 2008 · 4 Comments
There is not a whole lot happening at the moment. Let’s discuss our featured companies one by one.
Tags: DRYS · EFUT · IOC · TPLM
Triangle Petroleum’s finances, a closer look
May 23rd, 2008 · 2 Comments
We delve deeper into Triangle Petroleum (TPLM) and we actually quite like what we find. The obvious positive is that they have found a lot of gas, even if only a fraction of it is deliverable. The risks come from a rather shaky financial situation.
Tags: TPLM
The Chronicle Herald on TPLM
May 22nd, 2008 · No Comments
We just copied this from a message board, since you need a subscription (we just checked, alas), we cannot vouch for it’s authenticity, but we think it’s unlikely, considering the content, that someone has doctered the article. Here it is.
Tags: TPLM
TPLM finds 69Tcf of natural gas.
May 22nd, 2008 · No Comments
We’re terribly sorry. We noticed a posting on the IOC message board a couple of days ago about a company, Triangle Petroleum (TPLM). That message noticed the company had discovered a truly amazing amount of natural gas. 69Tcf…
Tags: TPLM