DENVER BUSINESS JOURNAL - Triangle Petroleum Corp. said it's selling its RockPile Energy Services subsidiary to a Houston/New York-based energy-focused private equity firm.
Denver-based Triangle Petroleum (NYSE: TPLM) said White Deer Energy is buying the subsidiary for an undisclosed sum.
Triangle spun off RockPile Energy — its hydraulic fracking unit — back in May in the wake of low energy prices.
Read more from the Denver Business Journal: http://bizj.us/1o69do.
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