CALGARY, May 28, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce its financial and operating results for the three months ended March 31, 2015. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited interim financial statements for the three months ended March 31, 2015 and the associated [...]
LONDON, May 20, 2015 /PRNewswire/ -- Argentina is quickly becoming the venue for the next shale boom, and now the race is on to get in on the oil and gas potential, with Russian Gazprom staking out the place, while investors wonder how they can play this momentous game. If there were any doubts over the past year that Argentina is on the cusp of a US-style oil and gas revolution from shale, Gazprom's overtures should put [...]
TSXV Trading Symbol: MVN OTC Trading Symbol: MDLNF CALGARY, April 17, 2015 /CNW/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide selected financial and operational information for the three months and year ended December 31, 2014. Copies of the Company's consolidated financial statements for the year ended December 31, 2014, the related management's discussion and analysis and the [...]
LONDON, April 14, 2015 /PRNewswire/ -- The first of four significant resource plays for small-cap Canadian explorer Madalena has been described as a "sleeper" that has now awakened, with successful horizontal well testing at Loma Montosa in Argentina showing 860 barrels of oil equivalent per day. On 8 April, Madalena Energy Inc. (TSXV: MVN and OCT:MDLNF) announced the completion of testing at a horizontal well in the [...]
TSXV Trading Symbol: MVN OTC Trading Symbol: MDLNF CALGARY, April 8, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce it has recently completed the testing of an operated horizontal multi frac well (PMS-1135(h)) in the Loma Montosa formation on its 100% working interest property at Puesto Morales, one of Madalena's four strategic resource plays in Argentina [...]
LONDON, March 2, 2015 /PRNewswire/ -- Defying today's market trends, Canada's Madalena Energy (TSXV:MVN, OTC:MDLNF) reports a 149% increase in proved reserves in its conventional plays, while its massive unconventional shale assets in the hotspot of Argentina where oil producers are getting an amazing $76-$77 per barrel. Earlier this month, Madalena impressed investors with an independent report showing a 149% increase in [...]
CALGARY, Feb. 12, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce the results of its independent reserve reports as at December 31, 2014. In 2014, the Company focused its efforts on creating a solid platform for continued growth in Argentina. The June 25, 2014 acquisition of certain properties in Argentina was a key transformational transaction that was [...]
LONDON, February 5, 2015 /PRNewswire/ -- Argentina is shaping up to be the next venue for a shale revolution, American style, and again it is the juniors with acreage parked right next to major explorers who are set to turn the heads of investors. Argentina is home to 27 billion barrels of recoverable oil and 802 trillion cubic feet of natural gas, primarily in and around multiple prolific shale basins in the central [...]
CALGARY, Jan. 30, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) provides the following operational update and posts a new corporate presentation on its website at www.madalenaenergy.com DOMESTIC OPERATIONS UPDATE WESTERN CANADA On January 28, 2015, Madalena was advised by Keyera Corp. ("Keyera") that Keyera's Paddle River gas plant will be shut down for a minimum period of [...]
CALGARY, Jan. 26, 2015 /CNW/ - Madalena Energy Inc. (TSX-V: MVN) and (OTC: MDLNF) (the "Corporation" or "Madalena") and Maglan Capital LP ("Maglan") are pleased to announce that, further to the recently announced initiatives and review undertaken by the special committee (the "Special Committee") of Madalena's Board of Directors (the "Board"), effective immediately Mr. Gus Halas has been appointed to the Board and Mr [...]
TSXV Trading Symbol: MVNOTC Trading Symbol: MDLNF CALGARY, Jan. 7, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) provides the following comments on recent changes to regulated Argentina oil prices and updates its 2015 Capital Budget as outlined below. REGULATED ARGENTINA OIL PRICE MARKET In Argentina, oil prices are set by the government for product sold into the domestic oil [...]
TSXV Trading Symbol: MVN OTC Trading Symbol: MDLNF CALGARY, Dec. 15, 2014 /CNW/ - Madalena Energy Inc. (TSX-V: MVN) and (OTC: MDLNF) (the "Corporation" or "Madalena") announces that the Board of Directors (the "Board") has met to review the matters raised in the letter received from Maglan Capital LP's ("Maglan") on December 8, 2014, and to consider how best to address them. To that end, the Board has appointed a [...]