UPDATE: Triangle Petroleum (TPLM) Tops Q4 EPS by 1c

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Triangle Petroleum Provides Financial Results and Operational Update For All Business Segments For Fourth Quarter and Full Fiscal Year 2015

April 13, 2015 5:32 PM EDT

DENVER, April 13, 2015 /PRNewswire/ -- Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) today provides an operational update and reports its fourth quarter fiscal year 2015 ("Q4 2015") and full fiscal year 2015 ("FY 2015") results for the period ended January 31, 2015.

Highlights for Fiscal Year 2015

Increased volumes in FY 2015 to 4,176 Mboe (+116% y/y) as compared to 1,929 Mboe in fiscal year 2014 ("FY 2014").  Average daily production increased to 11,441 Boepd in FY 2015, or 2% above the high end of our FY 2015 guidance range of 10,200-11,200 Boepd, from 5,286 Boepd in FY 2014 Total capital... More