Saturday, May 28, 2011

Triangle Petroleum Doubles Its Acreage -- North Dakota Bakken (Montana)

Triangle Petroleum recently announced a 42,000 net-acre acquisition in the Bakken (Montana side of the border). This will bring Triangle's Bakken property to about 72,000 net acres.

This was announced a few days ago, but  I am only now getting caught up after being on Amtrak for a couple of days.

The press release states this is the North Dakota Bakken (Williston Basin) but I have to remind folks that there is an Alberta Bakken in Montana and sometimes these two "pools" are misidentified.