TPLM

[dan_s]

This small-cap just keeps looking better and better to me. It will report strong Q3 and Q4 production growth. - Dan

DENVER, Colorado, September 16, 2013 - Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) today announced that it has signed definitive agreements with joint venture partner First Reserve`s Energy Infrastructure Fund ("FREIF") to expand the Caliber Midstream Partners, L.P. ("Caliber") midstream and infrastructure system.

Expansion Project Details
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The expanded Caliber system will service all Triangle-operated acreage in McKenzie County, ND including recently acquired assets
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Expansion service lines include crude oil stabilization and transportation, produced water transportation and disposal, and freshwater delivery services


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Expected to be in-service on or before June 1, 2014

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Expansion project includes a 50,000 bbl/d pipeline from the Caliber Central Facility to Alexander, ND, where Caliber plans to build 40,000 barrels of crude oil storage and related infrastructure, providing Triangle and other customers with access to multiple crude oil pipelines, rail terminals and market centers in the Williston Basin

[dan_s]

Wells Fargo just raised TPLM to one of its Top Picks.

[setliff]

technicals have tplm breaking out of a flag pattern with a target of 12.75ish.

re 4q production. they better hurry--i'm reading about a bitter cold winter being expected for the dakota's.

[dan_s]

"Bitter Cold" for ND is the real deal. When I was at Hess the auditors insisted one year on doing a physical inventory of our pipe yards on December 31. ND is one of Hess's Core Areas and we had a pipe yard there and a lot of other equipment listed on our inventory.
Arthur Young sent 3 "kids" up to Williston. We had the regional manager meet them at the airport to drive them to the yard. It was 40 degrees below zero and the wind was blowing at 50 mph. When he got to the yard he said "There it is, under the snow. You better hurry because you will be dead in ten minutes out there."
They did not get out of the truck and approved the valuation we had on the books.