DALLAS, Nov. 9, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Triangle Petroleum (OTCBB:TPLM). Triangle Petroleum is an exploration company focused primarily on the Fayetteville Shale project in Arkansas, the Barnett Shale project in Texas, as well as on large resource plays in the Deep Basin area of Western Canada and in select areas of the Western United States. An experienced team comprising technical and business skills has been assembled to optimize the Company's opportunities through its operating subsidiaries, Elmworth Energy Corporation in Canada and Triangle USA Petroleum Corporation in the United States.
Advanced reservoir description techniques will complement state-of-the-art 3-D seismic interpretations to optimize drill sites. Project specific drilling and well completion techniques will be employed to optimize the production potential for each new pool. A land acquisition strategy employing traditional and new business models will be used to secure the opportunities for the Company.
To view the StockGuru.com Profile for Triangle Petroleum, please visit:
http://www.stockguru.com/profiles/tplm/
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Safe Harbor Statement. This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, the amount of funds the Company may receive, the Company's proposed acquisition and development of properties, including drilling projects. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the possibility that additional investments will not be made or that appropriate opportunities for development will not be available or will not be properly developed. For additional risk factors about our Company, readers should refer to risk disclosure contained in our reports filed with the Securities and Exchange Commission.
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