BNET Industries
Market Cap:$12.9M
Last Fiscal Year Sales:$386.8K
- Public
Dow Jones Description
We were incorporated in the State of Nevada on December 11, 2003. We are an exploration stage corporation. An exploration stage corporation is one engaged in the search from mineral deposits or reserves which are not in either the development or production stage. We intend to conduct exploration activities on one property. We maintain our statutory registered agent's office at The Corporation Trust Company of Nevada, 6100 Neil Road, Suite 500, Reno, Nevada 89544 and our business office is located at 1189 Howe Street, Suite 1504, Vancouver, British Columbia, Canada. This is our mailing address as well. Our telephone number is (604) 781-0221. Ms.Bilynska supplies this office space on a rent-free basis. Background In December 2003, Sergei Stetsenko, our president and a member of the board of directors acquired one mineral property containing six mining claims in British Columbia, Canada by arranging the staking of the same through Lloyd Brewer, a non affiliated third party. Mr. Brewer is a self-employed contract staker and field worker residing in Vancouver, British Columbia.
Contact Information
1250, 521 ? 3rd Ave SW,
Calgary T2P3T3
(403) 262-4471
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Triangle Petroleum gets new CEO, plans to invest in new unconventional oil plays
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Triangle Petroleum gets new CEO, plans to invest in new unconventional oil plays
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Triangle Petroleum Announces Third Quarter Financial Results and Operations Update
News & Analysis
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company and triangle petroleum corp. - All News and Analysis
Triangle Petroleum Announces Results for the First Quarter of Fiscal Year 2009
Triangle Petroleum Corporation (the "Company" or "Triangle") (OTCBB: TPLM) today reported financial and operational results for its first quarter of the fiscal year ended January 31, 2009. Financial Summary The Company incurred a net loss of $1.8 million ($0.04 net loss per diluted share) for the first quarter...
Triangle Petroleum Completes $25.5 Million Funding and Provides Test Well Update
Triangle Petroleum Corporation (the "Company" or "Triangle") (OTCBB: TPLM) is pleased to announce that it has raised $25.5 million through the private placement of 18,257,500 units priced at $1.40 per unit. Each unit consists of one share of common stock and one-half of a warrant. One full warrant can be...
Triangle Petroleum Provides Update on Its Core Shale Gas Projects
Triangle Petroleum Corporation (the "Company" or "Triangle") (OTCBB: TPLM) continues to expand its presence in both of its core shale gas project areas. Since Triangle believes that both the Barnett Shale in Texas and the Fayetteville Shale in Arkansas will provide it with a strong and repeatable base of drilling...
Triangle Petroleum's CEO Outlines Corporate and Exploration Progress
Over the past 18 months, Triangle Petroleum Corporation (the "Company" or "Triangle") (OTCBB: TPLM) has progressed from a raw startup company to a thriving exploration company that has drilling programs planned in four core project areas. Two of these projects are in shale gas areas (Barnett in Texas and Fayetteville...
Triangle Petroleum Commences New Drilling Programs in the Alberta Deep Basin
Triangle Petroleum Corporation (the "Company" or "Triangle Petroleum") (OTCBB: TPLM) is pleased to announce the following exploratory gas drilling programs in its wholly owned subsidiary, Elmworth Energy Corporation ("Elmworth"). Both of these drilling programs are in the Alberta Deep Basin, which is one of four core project areas that the...
Triangle Reports Initial Production on Its Barnett Shale Projects in Texas
Triangle Petroleum Corporation (the "Company") (OTCBB: TPLM) announces the following update in its wholly owned subsidiary, Triangle USA Petroleum Corporation ("Triangle USA"), regarding the South Fort Worth Basin Area of Texas. To date, Triangle USA and its joint venture partners have drilled four horizontal wells (approximate 6% working interests) and...
Morning Updates for Tuesday, September 5, 2006 - Featuring: Appliance Recycling Centers of America, Markland Technologies, IEC Electronics, U.S. Gold, and More.
M2 PRESSWIRE-5 September 2006-Stockguru.com: Morning Updates for Tuesday, September 5, 2006 - Featuring: Appliance Recycling Centers of America, Markland Technologies, IEC Electronics, U.S. Gold, and MoreC1994-2006 M2 COMMUNICATIONS LTD RDATE:05092006 Dallas, Texas - StockGuru Pre-Market Updates for Tuesday include Appliance...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stephen A. Holditch | |
| John D Carlson | Director |
| Ron Hietala | Director |
| Organization | Position | Status |
|---|---|---|
| Triangle USA Petroleum Corporation | Director, Consultant | Current |
| Petroleum Engineering, Inc | Head of the Department | Current |
| Offshore Technology Conference | Department Head and Professor, Petroleum Engineering Department, Texas A&M University | Current |
| Texas A&M University | Head | Current |
| Triangle Petroleum Corp | Current | |
| Matador Resources | Engineering Committee Chairman | Current |
| Sterling Valuation Group, Inc. | Board of Directors | Current |
| Texas A&M University | Board of Directors | Current |
| Tamest | Treasurer | Current |
| Triangle USA Petroleum Corporation | Board of Directors | Current |
| Reasoning Mind | Board of Directors | Current |
| S.A. Holditch & Associates | President | Former |
| S.A. Holditch & Associates | Founder | Former |
| Shell Oil Company | Production Engineer | Former |
| Matador Resources | Advisor | Former |
| Schlumberger Limited | Fellow | Former |
| Petroleum Engineering, Inc | Board of Directors | Former |
| Texas A&M University | Ph.D. In Petroleum Engineering | Former |
| Texas A&M University | M.S. | Former |
| Texas A&M University | B.S. | Former |
| Petroleum Engineering, Inc | Trustee | Former |
| Organization | Position | Status |
|---|---|---|
| Torrent Energy Corp | CEO | Current |
| Torrent Energy Corp | President | Current |
| Triangle Petroleum Corp | Director | Current |
| Triangle USA Petroleum Corporation | Board of Directors | Current |
| Pacific Rodera Ventures Inc | President | Former |
| Samson Oil | President | Former |
| Methane Energy Corp. | Chief Operating Officer | Former |
| Pacific Rodera Ventures Inc | Vice President of Operations | Former |
| Samson Oil | General Manager | Former |
| Sproule Associates Limited | Associate | Former |
| Torrent Energy Corp | Consultant | Former |
| Pacific Rodera Ventures Inc | Director | Former |
| University of Calgary | Bachelor of Science In Civil Engineering | Former |
Ron Hietala was a founding board member of Triangle Petroleum Corporation. He served as President of both Elmworth Energy Corporation and Triangle USA Petroleum Corporation until his retirement in June 2008. Mr. Hietala was instrumental in building the Company's strategy which resulted in two shale gas projects in the Maritimes Basin secured in 2007. Mr. Hietala entered the oil and gas business in 1973 with Imperial Oil Limited as a petrophysicist and moved to Canadian Hunter 1977. Over a 19 year period Ron held a variety of technical, management and executive positions at Canadian Hunter. He has worked on many exploration and development programs throughout Western Canada. After leaving Canadian Hunter in 1996, Mr.Hietala continued his career in oil and gas as one of the founders of Petro-Hunt Oil and Gas and later, Golden Eagle Energy Ltd.
| Organization | Position | Status |
|---|---|---|
| Triangle USA Petroleum Corporation | Technical Consultant | Current |
| Triangle Petroleum Corp | Director | Current |
| Triangle USA Petroleum Corporation | President | Former |
| Golden Eagle Energy, Inc. | President | Former |
| Triangle USA Petroleum Corporation | Board Member | Former |
| Volume | 407,388 |
| Shares Outstanding | 69.9M |
| Market Cap | 12.9M |
| Year High | 0.28 |
| Year Low | 0.066 |
| Earnings Per Share | 0.020 |
| P/E Ratio | 9.25 |
| Dividend | 0.00 |
| Yield | 0.00 |
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