Triangle’s vertical integration pays offBakken-focused independent’s output rising as fracking subsidiary completes wells and midstream subsidiary brings gas plant online Maxine Herr For Petroleum News Bakken
While significant overhead costs skewed Triangle Petroleum’s profits in its fourth quarter of 2014, it has ended its fiscal year 2015 first quarter finally seeing the benefits of that spending.
“We were bearing the cost of the spread the entire (fourth) quarter, with no revenue,” Triangle Petroleum....
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Big jumps from a year ago Leaving new acreage for next year
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