Triangle Petroleum Corporation has commenced a slickwater fracture completion program on the first of its two exploration test wells at company's 516,000 gross acre shale gas project in Nova Scotia, Canada.

<p>Triangle has successfully performed two large hydraulic fracture stimulation treatments on Kennetcook 1, the company&#0039;s first exploration test well located on its Windsor Block land position in Nova Scotia. Kennetcook 1 was rig released on September 15, 2007, after reaching a total depth of 4,390 feet. <br /><br />The initial test well was extensively cored over an interval of 1,150 feet. The cores have been analyzed by US-based labs to determine total organic content, mineralogy, porosity, gas content and mechanical rock properties.<br /><br />Ron Hietala, president of Triangle&#0039;s operating subsidiaries, said: We are very encouraged with the rapid progress made to date on our first company-operated program in eastern Canada. <br /><br />We have drilled two initial test wells and successfully executed one of the largest stimulation programs ever performed in Canada. Based on successful test results, we will begin preparing for a 2008 horizontal drilling program targeting this major unconventional gas resource opportunity.</p>