Triangle Petroleum (TPLM) Reports Q2 Loss Per Share of $2.56

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Triangle Petroleum Provides Financial Results And Operational Update For All Business Segments For Second Quarter Fiscal Year 2016

September 8, 2015 5:35 PM EDT

DENVER, Sept. 8, 2015 /PRNewswire/ --Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) today provides an operational update and reports its second quarter fiscal year 2016 financial results for the three-month period ended July 31, 2015 ("Q2 fiscal 2016" or "Q2 FY 2016").

Second Quarter Highlights for Fiscal Year 2016 (ended July 31, 2015)

Quarterly production volumes of ~1,242 Mboe (13,500 Boepd) Consolidated cash flow from operations (before working capital changes) of $36.1 million and operating cash flow of $40.8 million Consolidated adjusted revenue of $126.7 million including $17.0 million of cash receipts from hedge settlements Consolidated... More