Areas of Operation

OPERATIONAL CAPABILITIES

Triangle’s current operational capacity incorporates over sixty (60) counties in southeast, south and south central Texas within four (4) Railroad Commission of Texas Oil and Gas Districts.

Magna Resources current producing properties can be found in the Brookshire Dome Field of Waller County, Texas, Heyser Field of Victoria County, Texas, Labbe field of Duval County, Texas and the Campana South Field of McMullen County, Texas.

FUTURE PROJECTS

Triangle economically incorporates major oil company exploration strategies that employ large-scale regional study applications targeting specifically “shallow” 7,000 feet or less reserves utilizing the latest in geo-technologies available such as 3-D seismic, gravity/magnetic surveys and thin bed sand exploitation to enhance overall project performance.

Our specialty is finding good shallow reserve projects. Two recent developments in the Gulf Coast regions of Texas have generated a great amount of interest:

1) A large financial institution’s trust department is currently making its shallow (less than 7,000 feet) mineral holdings available to Triangle for analysis and review for generation into potential drilling projects. This trust department oversees tens of thousands of mineral interest acres throughout.

2) A Petroleum Geological / Geophysical firm that traditionally pursues deep (10,000’ to 17,000’) Gulf Coast projects has agreed to work with us on “shallow”, less than 7,000 foot, drilling projects. Their available seismic coverage in over 30 Texas Counties has been refined to an analysis now described as “Direct Detection Analysis” for natural gas drilling prospects. The current success rate is reported at over 90+ percent. Oil direct detection is not far behind.

Triangle continues to pursue new areas of drilling development to add to our current producing areas. Shallow, low risk, high reserve potential projects will continue to be our main focus while adding new technologies and prospect access to our approach.