8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(D) of The Securities Exchange Act of 1934

Date of report (date of earliest event reported):  May 27, 2010

TRIANGLE PETROLEUM CORPORATION

(Exact name of registrant as specified in its charter)

Nevada	0-51321	98-0430762
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Suite 1250, 521-3rd Avenue SW Calgary, Alberta, Canada T2P 3T3

(Address of principal executive offices)

Registrant’s telephone number, including area code: (403) 262-4471

Copy of correspondence to:

Gregory Sichenzia, Esq.

Thomas A. Rose, Esq.

James M. Turner, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway

New York, New York 10006

Tel:  (212) 930-9700   Fax:  (212) 930-9725

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On May 27, 2010, Triangle Petroleum Corporation (the “Company”) issued a press release providing an update on its operations in the Bakken Shale play of North Dakota as well as activities in the Alberta and Nova Scotia providences of Canada.

The information provided pursuant to this Item 8.01 is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.

ITEM 9.01                                Financial Statements and Exhibits.

(d)           Exhibits.

99.1           Press Release, dated May 27, 2010, issued by Triangle Petroleum Corporation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TRIANGLE PETROLEUM CORPORATION
Dated: May 27, 2010	BY:	/s/ JONATHAN SAMUELS
		Jonathan Samuels Chief Financial Officer

EX-99.1

Exhibit 99.1

For Immediate Release

Triangle Petroleum Provides Operational Update to North Dakota and Canadian Operations

Calgary, Alberta– May 27th, 2010 – Triangle Petroleum Corporation (the “Company” or “Triangle”) (OTCBB: TPLM; TSXV: TPE) an oil and gas exploration and production company with assets in North Dakota and Eastern Canada, today provided an update to its operations.

· Bakken Shale Activity:

o Williams and McKenzie Counties North Dakota- As part of its current 8,000 net acre holding, Triangle has closed a definitive sale and purchase agreement for 2,600 net acres, which includes 15 net bo/d of production and a 30% share of associated surface facilities and assets. Triangle paid a total consideration of $3.2mm, which will be paid in the form of future well carry capped on a per well basis. The acreage is an extension of the Elm Coulee area and will be operated by Kodiak Oil and Gas as part of their Grizzly Project.

o McKenzie County North Dakota- Triangle will also participate in the Roedeske Federal #12-21H well with an approximate 15% WI. The well will spud on a 1280 spacing unit and will be completed with a planned 22-stage frac job. Operations are anticipated to commence in July 2010 with XTO as operator.

· Canadian Developments:

o Alberta- Triangle closed on the sale of an existing wellbore and associated acreage for $1mm in cash

o Nova Scotia- the company has established a data room and continues to seek a partner for the drilling of an onshore well to test a conventional structure (115-427 bcf range of gas resource potential) in the development of its 475,000 gross acres in the Maritimes, Windsor Basin.

· As part of the continued development of its technical team, the company has retained the services of Dan Jarvie of Worldwide Geochemistry. Mr. Jarvie is a globally recognized expert in the evaluation of unconventional rock systems in basins worldwide and will assist Triangle with geochemical analysis of future acreage acquisitions and development.

Dr. Peter Hill, Chief Executive Officer of Triangle Petroleum commented “I am pleased and excited with our progress over the last several months. Our long-term goal is to build a substantial acreage position in the Williston Basin, which we believe is the lowest cost and premier oil play in North America. These incremental acreage additions are a positive step in that direction, and we are in the process of evaluating the technical merits of several additional acquisitions that would substantially add to our leasehold position. Of particular interest to us is the ability to accelerate the conversion of acreage into reserves and production through the rapid drilling of wells in key locations, which can then de-risk our remaining acreage.”

Dr. Hill added “I am also delighted that Dan Jarvie has agreed to join us at Triangle. While the Bakken Fairway is very large and growing, the rock systems are complex and therefore quality technical work is essential. Dan is a foremost expert in his field and his contributions will be invaluable as we seek to minimize our risk while growing our operations and portfolio.”

About Triangle Petroleum

Founded in 2006, Triangle Petroleum (OTCBB: TPLM;TSXV: TPE) is an independent oil and gas exploration company with approximately 475,000 gross acres (413,000 net acres) in the Windsor Block of Nova Scotia and 8,000 net acres in Williams and McKenzie counties of North Dakota.

For more information please visit www.trianglepetroleum.com.

For more information contact:

Jonathan Samuels, Chief Financial Officer

E-mail: jsamuels@trianglepetroleum.com

Telephone: (403) 781-7723

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Safe Harbor Statement. This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties concerning the Company’s future performance. Forward-looking statements in this release include, but are not limited to the Company’s planned drilling and evaluation program, operating costs and expectations of undiscovered resources. It is important to note that actual outcomes and the Company's actual results could differ materially from those predicted in such forward-looking statements. Factors that could cause actual results to differ materially include the possibility that additional investments will not be made or that appropriate opportunities for development will not be available or will not be properly developed.  For additional risk factors about our Company, readers should refer to risk disclosure contained in our reports filed with the U.S. Securities and Exchange Commission and on SEDAR.