Triangle Petroleum Corp.

Transaction Type
Post Date
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Description

Triangle Petroleum Corp. has retained Jefferies & Co. Inc. to seek a joint-venture partner to continue the appraisal of its Horton Bluff shale resource in Nova Scotia in eastern Canada. The prospect involves up to an 87% working interest (80% net revenue interest) in the 476,000-acre Windsor Block recently awarded. Five vertical exploration wells have been drilled confirming the presence of a large gas resource. Contact William Marko, 281-774-2068, wmarko@jefferies.com.