Centaurus Energy Inc.

Madalena Energy Inc. is pleased to announce that it has appointed Dr. Nossonal Kleinfeldt to the board of directors of Madalena . Dr. Kleinfeldt replaces Mr. Eric Mark, who has resigned from the Board. In addition, the Board has appointed Dr. Ralph Gillcrist as non-executive Chairman to replace Mr. Gus Halas, who has stepped down from that role. Mr. Halas will remain a director of the Company. Dr. Gillcrist has been a [...]

Madalena Energy Inc. is pleased to announce its second quarter operations update. Madalena's CEO Jose Penafiel commented: "We are very happy to report increased production and realized pricing levels relative to the prior quarter. Increased production was largely thanks to the previously reported positive results of our conventional work-over campaign at Surubi and Palmar Largo. We are also happy to report the 4 well [...]

Madalena Energy Inc. is pleased to announce that it obtained shareholder approval at the special meeting of Madalena shareholders held on June 5, 2019 to approve and ratify the amended and restated convertible loan agreement dated April 7, 2019 among Madalena, KD Energy International Capital Limited and Hispania Petroleum S.A. , as more particularly described in Madalena's management information circular dated May 3 [...]

Madalena Energy Inc. is pleased to announce its financial and operating results for the three months ended March 31, 2019. Madalena's CEO Jose Penafiel commented: "Our operating netback declined in Q1/19 due to a combination of lower market prices for oil, and higher-than normal operating costs caused primarily by work-overs carried out during the quarter at our conventional Noroeste Basin assets. We continue to expect [...]

Madalena Energy Inc. announces it has been informed by the operator of the Coiron Amargo Sur Este block that a drilling rig was mobilized and commenced drilling of the CASE-101h well during the first week of May. Madalena holds a 35% non-operated interest in the CASE block under a 35-year exploitation concession awarded in September 2018. Madalena's share of costs for planned operations at CASE will be funded from the [...]

First Quarter 2019 Results Will Be Released After Market on Wednesday, May 15, 2019, Followed by a Conference Call on Thursday May 16, 2019 at 8:00 A.M. MDT Madalena Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's first quarter 2019 operating and financial results on Thursday May 16, 2019 at 8:00 a.m. MDT . The Company expects to announce first quarter [...]

Madalena Energy Inc. is pleased to announce that Mr. Alejandro Augusto Penafiel has been appointed Vice President Growth and Capital effective April 1, 2019. Mr. Penafiel has been a Director of Madalena since May 2017, acted as Interim Chief Financial Officer of the Company from May to July 2017, and was previously providing services to the company under the recently terminated Hispania Services Agreement thereafter until [...]

Madalena Energy Inc. announces its operating and financial results for the three and twelve months ended December 31, 2018. Madalena's CEO Jose Penafiel commented: "I am very pleased to announce Madalena achieved its first quarter of positive earnings during the fourth quarter of 2018, which I view as a clear indication that the hard work that our team has been doing is yielding a positive result for our bottom line [...]

Madalena Energy Inc. is pleased to announce that the Company has entered into an amended and restated convertible loan agreement with KD Energy International Capital Limited and Hispania Petroleum S.A. and has extended the term of the working capital loan agreement between the Company and Hispania. The Amended and Restated Loan Agreement replaces the convertible loan agreement entered into between Hispania and the Company [...]

Year-End 2018 Results Will Be Released After Market on Tuesday, April 9, 2019, Followed by a Conference Call on Wednesday, April 10, 2019 at 8:00 A.M. MDT Madalena Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's operating and 2018 annual financial results on Wednesday, April 10, 2019 at 8:00 a.m. MDT . The Company expects to announce the 2018 annual [...]