Madalena Energy Inc. is pleased to announce that it has retained the services of Storyboard Communications Corp. and Hoot Research Inc. , leading investor relations and capital markets advisory firms servicing Canadian small cap companies across the North American markets. “As Madalena enters a new year, we’re launching a refined communications strategy to further engage with the market and our [...]
Madalena Energy Inc. is pleased to announce the Company’s fourth quarter operational update. Madalena’s President and CEO Jose Penafiel commented: “We are pleased to report a significant reduction in our capital and decommissioning commitments, thanks to: i) the renegotiation of our commitments at Rinconada – Puesto Morales, and ii) the assignment to a third party of our interest in the El Vinalar [...]
Madalena Energy Inc. is pleased to announce that Madalena has signed an operation agreement with Recursos y Energía Formosa SA , an oil company belonging to the Province of Formosa , over the Palmar Largo Concession in Formosa, Argentina, effective December 1, 2018 . Highlights The Palmar Largo Concession’s average gross production during last quarter was 640 Bbls/d with a YTD operating netback of US$22 per [...]
Madalena Energy Inc. announces its operating and financial results for the three and nine months ended September 30, 2018. Selected information is outlined below and should be read in conjunction with Madalena's unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2018 and the associated management's discussion and analysis , which are available for review under [...]
Madalena Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company’s operating and financial results for Q3 - 2018 on Thursday, November 15, 2018 at 08:00 am MDT . This will follow the announcement of the Q3 - 2018 results, which the Company expects to make after markets close on November 14, 2018. To participate in the conference call, please dial: 587 880 [...]
Madalena Energy Inc. is pleased to announce that the Coiron Amargo Sur Este block in Neuquen, Argentina, is now an unconventional exploitation concession with a 35-year term. The concession was awarded after the CASE block successfully completed the evaluation phase. The operating partner of the CASE block, Pan American Energy LLC , holds a 55% stake. Madalena and Gas y Petroleo del Neuquen S.A. hold stakes of 35% and 10 [...]
Madalena Energy Inc. announces its operating and financial results for the three and six months ended June 30, 2018. Selected information is outlined below and should be read in conjunction with Madalena's unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the associated management's discussion and analysis Oil and gas revenue 9,802 9,357 19,413 19,693 Funds [...]
BUENOS AIRES, Argentina, Aug. 02, 2018 -- Madalena Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company’s operating and financial results for Q2 - 2018 on Thursday, August 23, 2018 at 08:00 am MDT . This will follow the announcement of the Q2 - 2018 results, which the Company expects to make after markets close on August 22, 2018. To participate in the [...]
BUENOS AIRES, Argentina, May 30, 2018 -- Madalena Energy Inc. is issuing a correction to its previously disseminated news release dated May 29, 2018. The correction is limited to the reported results relating funds flow from continuing operations for the three months ended March 31, 2017, whereby the number listed in the "Summary Financial and Operational Results" table erroneously indicated funds "flow from" continuing [...]
BUENOS AIRES, Argentina, May 29, 2018 -- Madalena Energy Inc. announces its operating and financial results for the three months ended March 31, 2018. Selected information is outlined below and should be read in conjunction with Madalena's unaudited condensed interim consolidated financial statements for the three months ended March 31, 2018 and the associated management's discussion and analysis Oil and gas revenue [...]
BUENOS AIRES, Argentina, May 11, 2018 -- Madalena Energy Inc. is pleased to announce that the Company plans to hold an investor conference call to discuss the Company’s operating and financial results for Q1 - 2018 on Wednesday, May 30, 2018 at 08:00 am MDT . This will follow the announcement of the Q1 -2018 results, which the Company expects to make after markets close on May 29, 2018. To participate in the [...]
BUENOS AIRES, Argentina, April 24, 2018 -- Madalena Energy Inc. is pleased to announce that Pan American Energy LLC has successfully completed and tested the second horizontal multi-frac well CAS.x-14 in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este block in Neuquen, Argentina. With a 55% stake, PAE is the operating partner of this area. The remaining 35% and 10% correspond to Madalena and GyP [...]
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