TRIANGLE PETROLEUM CORPORATION (NYSEMKT:TPLM) Files An 8-K Submission of Matters to a Vote of Security Holders

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TRIANGLE PETROLEUM CORPORATION (NYSEMKT:TPLM) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07Submission of Matters to a Vote of Security Holders.

Triangle Petroleum Corporation (the Company) held its 2016 Annual
Meeting of Stockholders on December 16, 2016 (the 2016 Annual
Meeting) at its corporate offices located at 1200 17th Street,
Suite 2500, Denver, Colorado80202. At the close of business on
October21, 2016, the record date for the 2016 AnnualMeeting,
there were 76,539,653 shares of common stock issued and
outstanding, which constitutedall of the outstanding capital
stock of the Company. At the 2016 Annual Meeting, 46,017,247 of
the 76,539,653 outstanding shares of common stock entitled to
vote, or approximately 60.12%,were represented by proxy or in
person, and, therefore, a quorum was present. The proposals
votedon at the 2016 Annual Meeting are described in detail in the
Companys Definitive Proxy Statementfor the 2016 Annual Meeting,
as filed with the Securities and Exchange Commission on November
16, 2016.

The voting results on the proposals presented for stockholder
approval at the 2016 AnnualMeeting were as follows:

Proposal 1

The Companys stockholders elected six individuals to the Board of
Directors to hold officeuntil the Companys 2017 Annual Meeting of
Stockholders, or until their successors are duly electedand
qualified, as set forth below:

Name

FOR

WITHHELD

BROKER NON-VOTES

Peter Hill

13,584,030

5,122,619

27,310,598

Roy Aneed

13,521,094

5,185,555

27,310,598

Gus Halas

12,127,231

6,579,418

27,310,598

Randal Matkaluk

13,520,984

5,185,665

27,310,598

Jonathan Samuels

13,652,564

5,054,085

27,310,598

James Shein

13,625,708

5,080,941

27,310,598

Proposal 2

The Companys stockholders ratified and approved the selection of
KPMG LLP as theCompanys independent registered public accounting
firm for the fiscal year ending January 31, 2017, as set forth
below:

FOR

AGAINST

ABSTAIN

44,261,683

1,146,290

609,274

Proposal 3

The Companys stockholders approved, on an advisory basis, the
compensation of the Companys named executive officers, as set
forth below:

FOR

AGAINST

ABSTAIN

10,835,311

7,331,709

539,628

2

Proposal 4

The Companys stockholders failed to authorize the Board of
Directors to effect a reverse stock splitof the issued and
outstanding common stock of the Company in a whole-number ratio
of at least 1-for-3 and up to 1-for-8, to be determined by the
Board of Directors, as set forth below:

FOR

AGAINST(1)

ABSTAIN

32,012,391

31,920,885

588,614

Proposal 5

The Companys stockholders failed to approve a corresponding
amendment to the Companys Certificate of Incorporation, as
amended, to effect the reverse stock split, as set forth below:

FOR

AGAINST(1)

ABSTAIN

32,467,628

31,510,759

543,503

(1)

Under the Companys 5.0% Convertible Promissory Note,
dated July 31, 2012 (the NGP Note), issued to an
affiliate of Natural Gas Partners (NGP), the Company is
required to obtain the written consent of NGP prior to
submitting certain non-routine matters, such as the
proposals regarding the reverse stock split and the
related amendment to the Companys Certificate of
Incorporation, to a vote of the holders of the Companys
common stock. If such prior written consent is not
obtained, the Company shall have each such proposal
require for its approval the affirmative vote that
would be required to approve such proposal if the NGP
Note had been converted into shares of common stock
immediately prior to the record date for the meeting
and NGP had voted all of the converted shares against
the proposal. As of the record date for the 2016 Annual
Meeting, the NGP Note was convertible into 18,504,645
shares of common stock (the NGP Note Conversion
Shares). The Company requested but did not receive the
written consent of NGP for the proposals regarding the
reverse stock split and the related amendment to the
Companys Certificate of Incorporation. Consequently,
the NGP Note Conversion Shares are included in the
AGAINST vote.

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About TRIANGLE PETROLEUM CORPORATION (NYSEMKT:TPLM)

Triangle Petroleum Corporation (Triangle) is an energy holding company. The Company operates through two segments: exploration and production segment, and oilfield services segment. The focus of the exploration and production operating segment is finding and producing oil and natural gas. The focus of the oilfield services operating segment is pressure pumping and complementary services for both TUSA-operated wells and third-party-operated wells. The Company has three principal lines of business: oil and natural gas exploration, development and production; oilfield services, and midstream services. It conducts these activities in the Williston Basin of North Dakota and Montana through the Company’s subsidiaries and its equity joint venture. Triangle USA Petroleum Corporation (TUSA), the Company’s subsidiary, conducts its exploration and production operations by acquiring and developing unconventional shale oil and natural gas resources.

TRIANGLE PETROLEUM CORPORATION (NYSEMKT:TPLM) Recent Trading Information

TRIANGLE PETROLEUM CORPORATION (NYSEMKT:TPLM) closed its last trading session down -0.019 at 0.281 with 1,101,711 shares trading hands.