Triangle Petroleum selling RockPile Energy Services subsidiary

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.

 

Copyright 2016 KUSA


JOIN THE CONVERSATION

To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment