Tuesday, April 10, 2012

Investopedia: Triangle Petroleum Almost A Ground-Level Bakken Play

If there are any investors fretting that they have missed the story in the Bakken, a name like Triangle Petroleum (AMEX:TPLM) may be an answer to those worries. While Triangle is still a very risky story, the company is only just starting to develop its acreage in the Bakken region. If Triangle follows the same path carved out by others like Whiting (NYSE:WLL), Continental (NYSE:CLR), Kodiak (NYSE:KOG) and Oasis (NYSE:OAS), investors may be able to look forward to considerable growth in reserves, production, and market valuation over the coming years.

Still (Mostly) A Land Story 
For all of the talk about the Bakken, it's still a new energy-producing region in North America and there is plenty of growth yet to come from the area. While activity in the Bakken is largely dominated by larger, well-established companies for whom the Bakken is just another operating region, Triangle is a different story altogether.

Click here for more:
http://stocks.investopedia.com/stock-analysis/2012/Triangle-Petroleum-Almost-A-Ground-Level-Bakken-Play-TPLM-WLL-CLR-KOG-MRO-STO-EOG0410.aspx

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