SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Cambrian Capital Limited Partnership

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/12/2010
3. Issuer Name and Ticker or Trading Symbol
Triangle Petroleum Corp [ TPLM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 19,393,939 I See Footnotes(2)(3)(4)
Common Stock 12,121,212 D(1)(4)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Cambrian Capital Limited Partnership

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CamCap Energy Offshore Master Fund, L.P.

(Last) (First) (Middle)
C/O CITI HEDGE FUND SERVICES (CAYMAN)LTD
BOX 10293, 27 HOSPITAL ROAD

(Street)
GEORGE TOWN, GRAND CAYMAN E9 KY1-1003

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CamCap Energy Partners, LLC

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Cambrian Capital, LLC

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
von Metzsch Roland A

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VON METZSCH ERNST H

(Last) (First) (Middle)
45 COOLIDGE POINT

(Street)
MANCHESTER MA 01944

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These securities are held by CamCap Energy Offshore Master Fund, L.P., for which CamCap Energy Partners, LLC ("CCEP") serves as the general partner. In such capacity, CCEP may be deemed to indirectly beneficially own the reported securities.
2. These securities are held by CamCap Energy Offshore Master Fund, L.P. and CamCap Resources Offshore Master Fund, L.P., for which Cambrian Capital, Limited Partnership ("CCLP") serves as the investment manager. Cambrian Capital, LLC ("CCLLC") serves as the general partner of CCLP. In their respective capacities, each of CCLP and CCLLC may be deemed to beneficially own the reported securities.
3. Ernst von Metzsch and Roland von Metzsch are the managers of each of CCLLC, CCLP and CCEP, and in such capacities may be deemed to have voting and investment control over the shares reported herein for such entities.
4. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Remarks:
/s/ Karen Durante, as Chief Financial Officer of Cambrian Capital Limited Partnership 03/22/2010
/s/ Roland von Metzsch, as Manager of CamCap Energy Partners, LLC, the General Partner of CamCap Energy Offshore Master Fund, L.P. 03/22/2010
/s/ Roland von Metzsch, as Manager of CamCap Energy Partners, LLC 03/22/2010
/s/ Roland von Metzsch, as Manager of Cambrian Capital, LLC 03/22/2010
/s/ Roland von Metzsch, individually 03/22/2010
/s/ Ernst von Metzsch, individually 03/22/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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