TPLM

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dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

TPLM

Post by dan_s »

Triangle Petroleum Corp. (TPLM): An updated Net Income & Cash Flow Forecast model has been posted under the Watch List Tab.

This one has several moving parts so I am trying to err on the side of being conservative in my forecast. However, their guidance is very detailed. The production growth of close to 300% this year and near 90% next year definitely has my attention.

Their balance sheet is in good shape, so they have the liquidity to fund an aggressive four rig drilling program this year.
Dan Steffens
Energy Prospectus Group
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