Triangle’s businesses rely on each otherKnowing that when its E&P business is rocky, its subsidiary is keeping cash flow steady helps it weather the pricing storm Maxine Herr For Petroleum News Bakken
While Triangle Petroleum generated 77 percent more revenue in fiscal year 2015, ending Jan. 31, compared to fiscal year 2014, its fracture stimulation subsidiary RockPile Energy Services boasted a 116 percent increase year-over-year.
“2014 was a year of excessive inflation where high costs were off....
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Output and capex RockPile’s ‘excellent year’ Finding opportunity
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