TPLM Presented At OGIS; That Presentation Is Not Yet Posted; The March, 2013, Corporate Presentation

There is nothing new here. Mike Filloon has covered Triangle Petroleum very, very well, on multiple occasions.

But by typing some of this stuff out, it helps me remember.

Data points on the March, 2013, Triangle Corporate Presentation:

• pure-play Williston Basin operator
• 86,000 net acres
• 85% oil weighted
• northwestern North Dakota, northeastern Montana

Three areas:

a) Core: oblong oval, Williston and Alexander foci
b) Station Prospect, northeast Montana
c) Other (non-operated, 14,000 net acres) (?)

McKenzie County, Core Area

• 22,000 net acres
• plug and perf; 100% ceramic
• 114 operated locations
• 2 rigs
• 46 permits approved or submitted
• McKenzie AFE: $11.4 - $12.3; average: $11.9 --- $12 million

Montana, Station Prospect

• 50,000 net acres
• 354 operated locations
• long-term leasehold allows "wait-and-see approach"

Vertical integration

RockPile Energy: pressure pumping

• second spread expected to be operational in 2Q14
• expanding into cased hole wireline services; exp to be op in 2Q14

Caliber Midstream

• crude oil, dry gas (to Northern Border Pipeline), produced water, freshwater (from WAWS)

Production

4Q14 production: 4,800 boepd (estimated) (from slide 17, March, 2013, corporate presentation, upper right-hand graph)
Actual 4Q13: 1,950 boepd (that's what slide 17 showed, 4Q13)
Actual 3Q13: 1,389 boepd (that's what slide 17 showed, 3Q13)
According to the January, 2012, corporate presentation, the company estimated exiting 2012 with 3,200 boed. Unless I made a typo, there's a big difference between 3,200 and 2,000 boepd. Again, I may have made a typographical error, but those are the numbers I posted when I saw the presentation.

NOTE: the dates on slide 17 of the March, 2013, presentation seem to be in error, but in an e-mail to the company, I received a reply stating that as of January, 2013, we are into TPLM's 2014 fiscal year.  Screenshots are nice to have.