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A Fortune determines pearl jam download 100company with pearljam even displays global presence and impact, Motorola had sales of US $36.6billion in 2007. For more information about our company, our people and ourinnovations, please visit and the Stylized M Logo are registered in the US Patent & TrademarkOffice. All other product or service names are the property of theirrespective owners.(C) Motorola, Inc. 2009.All rights reserved.SOURCEMotorola, Inc.Media, Traci Hoch, +1-631-738-5426, , or IndustryAnalyst, Shirley Schroedl, +1-631-738-4823, ,both of Motorola Enterprise Mobility business, for Motorola, Inc.. CALGARY, ALBERTA, Jan 12 (MARKET WIRE) -- Triangle Petroleum Corporation (the "Company" or "Triangle") (TSXVENTURE: TPE)(OTCBB: TPLM) today reported the following update on its516,000 gross acre shale gas project on the Windsor Block in Nova Scotia,Canada.Exploration Program:Completion operations on the first vertical exploration well (N-14-A)have started up again after the holiday break.

A service rig is now onsite to recover downhole equipment and plugs within the 100 meterinterval that was perforated and fracture stimulated in late 2008.Flowback of the 200 tonne, four-stage slickwater frac is expected tostart within the next week.Completion operations on the second vertical exploration well (O-61-C)have now been planned and should move forward pending equipmentavailability and partner concurrence pearl jam online . The Company has determined thatthere are five to six potential zones of interest in this well, includingdeep tight sand and shale, mid-depth conventional carbonate and sandstoneintervals, and a potential shallow gas zone.Technical evaluation, including shale-focused geochemical and rockevaluation of the third vertical exploration well (E-38-A) is almostcomplete pearljam better . Completion operations should move forward once governmentapprovals and partner concurrence have been obtained of pearljam . Results from thesecompletion operations will be reported after the Company has had theopportunity to fully evaluate the extensive suite of technical datareceived from the three wells.Joint Venture Partnerships:Triangle's joint venture partner, Zodiac Exploration Corp me pearljam . ("Zodiac") hasearned an approximate 13% working interest in the Windsor Block byspending approximately US $8 million to date. Zodiac has elected tomaintain its future capital expenditures at this 13% working interestlevel and not commit an additional $7.5 million to earn an additional12.5% working interest (see June 23, 2008 press release). Triangle nowhas a 57% working interest in the Windsor Block.Since an important element of the Company's strategy is to add jointventure partners in order to mitigate exploration risk and accelerate thedrilling program for the Windsor Block, Triangle is participating in theNorth American Prospect Expo (NAPE) in Houston on February 5 and 6.Representatives of the Company will be available at booth # 1333 duringthe NAPE conference.Balance Sheet:As a result of the Company settling all of its remaining debentures andbecoming debt-free in the process (see December 19, 2008 press release),the Company has approximately US $11.4 million in cash and US $7.6million in working capital as of December 31, 2008.About Triangle Petroleum CorporationTriangle is an exploration company focused on an emerging Canadian shalegas project covering 516,000 gross acres in the Maritimes Basin in NovaScotia through Elmworth Energy Corporation, its Calgary-based operatingsubsidiary.

Triangle's common shares trade on the TSX Venture Exchangeunder the symbol TPE and on the OTC Bulletin Board under the symbol TPLM.For more information please visit Harbor Statement . This news release includes statements aboutexpected future events and/or results that are forward-looking in natureand subject to risks and uncertainties man pearljam . Forward-looking statements inthis release include, but are not limited to the Company's proposeddevelopment of properties, including drilling projects for pearljam . It is importantto note that actual outcomes and the Company's actual results coulddiffer materially from those in such forward-looking statements .