TPLM

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dan_s
Posts: 37389
Joined: Fri Apr 23, 2010 8:22 am

TPLM

Post by dan_s »

One of our members just called me about Triangle Petroleum (TPLM).

IMO it is a "Screaming Buy" under $10/share.

I worked on CLR and OAS today. Based on what I saw from both of those Bakken/Three Forks players, the recoverable reserves up in the Williston Basin are going to go a lot higher. Read what CLR has to say about the area were they are going to drill 30 wells per pad location.

TPLM is a on a fiscal year that ends January 31, so their Q3 ended October 31. They won't release Q3 results for another month.
Dan Steffens
Energy Prospectus Group
Laurin_DE
Posts: 70
Joined: Mon Sep 30, 2013 9:18 am
Location: Bremen, Germany

Re: TPLM

Post by Laurin_DE »

Dan,

TPLM, OAS, CLR, WLL, KOG, SM, etc... all great companies in the Bakken/ThreeForks - thanks for continously providing updated information.

Is there any chance that you prepare a comparison of the value and prospects of these companies, their relative advantages and disadvantages to each other?
I have somewhat of an idea of the respective geology and technology, but most of the financial stuff is more of a mystery to me (and I'm probably not alone).

cheers - Mike
dan_s
Posts: 37389
Joined: Fri Apr 23, 2010 8:22 am

Re: TPLM

Post by dan_s »

At this point all I can do is keep up with my 8 interns. It is like trying to herd cats. After we get through updating a lot of profiles, I will consider it for a future newsletter.
Dan Steffens
Energy Prospectus Group
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