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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 eDB0fGuCvRhg4aeocPn3Yg==

<SEC-DOCUMENT>0001144204-08-033760.txt : 20080605
<SEC-HEADER>0001144204-08-033760.hdr.sgml : 20080605
<ACCEPTANCE-DATETIME>20080605114355
ACCESSION NUMBER:		0001144204-08-033760
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080603
FILED AS OF DATE:		20080605
DATE AS OF CHANGE:		20080605

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Triangle Petroleum Corp
		CENTRAL INDEX KEY:			0001281922
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				980430762
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0130

	BUSINESS ADDRESS:	
		STREET 1:		1250, 521 ? 3RD AVE SW,
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P3T3
		BUSINESS PHONE:		(403) 262-4471

	MAIL ADDRESS:	
		STREET 1:		1250, 521 ? 3RD AVE SW,
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P3T3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Triangle Petroleum CORP
		DATE OF NAME CHANGE:	20050525

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PELOTON RESOURCES INC
		DATE OF NAME CHANGE:	20040226

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GUSTAFSON MARK
		CENTRAL INDEX KEY:			0001303996

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51321
		FILM NUMBER:		08882321

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		604-639-3118

	MAIL ADDRESS:	
		STREET 1:		10691 ROSECROFT CRESCENT
		CITY:			RICHMOND
		STATE:			A1
		ZIP:			V7A 2H9
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v116666_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-06-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001281922</issuerCik>
        <issuerName>Triangle Petroleum Corp</issuerName>
        <issuerTradingSymbol>TPLM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001303996</rptOwnerCik>
            <rptOwnerName>GUSTAFSON MARK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10691 ROSECROFT CRESCENT</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RICHMOND</rptOwnerCity>
            <rptOwnerState>A1</rptOwnerState>
            <rptOwnerZipCode>V7A 2H9</rptOwnerZipCode>
            <rptOwnerStateDescription>BRITISH COLUMBIA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-06-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>108000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.40</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2758500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrant</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.25</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-06-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>54000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-06-03</value>
            </exerciseDate>
            <expirationDate>
                <value>2010-06-03</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>54000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>54000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Gustafson purchased 108,000 units in a private placement at a price of $1.40 per unit.  Each unit consisted of one share
 of common stock and one-half of a warrant, each whole Warrant entitling the holder to purchase one share of common stock
 exercisable at a price of $2.25 for a period of two years</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark Gustafson</signatureName>
        <signatureDate>2008-06-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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