Operations

Triangle Three Resources L.L.C. (“Triangle”), a wholly owned subsidiary of Magna Resources, is a licensed Operator (#868790) in the state of Texas and functions exclusively for Magna oil and gas wells. Through Triangle, Magna is able to offer low-cost operations, which potentially maximizes revenue from each prospect.

Maintaining a high level of professionalism and experience is essential to uneventful operations and a positive result. Triangle has established an excellent reputation through its operations with surface owners, mineral owners, competitors, field personnel, vendors/subcontractors and regulatory agencies alike.  Our goal is to maintain this reputation with a well-sorted and orchestrated team of subcontractors to pursue oil and gas reserves in a precise and cost-efficient manner.

Whenever possible, Triangle economically incorporates major oil company exploration strategies to enhance overall project potential.  Triangle’s strategy of coupling low-cost operations with advanced production technologies allows efficient production of wells at significantly lower costs than that of major oil and gas companies. These strategies may include large-scale regional study applications plus the latest geo-technologies where possible.

Additionally, Triangle Three has over two hundred and fifty (250) vendors on open account. These contract agents, each with a specified expertise and geographic area, allow us to maximize field operational control. Individual well reporting, in both regulatory and corporate areas, is also a necessary function of Triangle’s duties.