TSXV Trading Symbol: MVN
CALGARY, Sept. 8, 2014 /CNW/ - Madalena Energy Inc. (TSX-V: MVN and OTC: MDLNF) (the "Company" or "Madalena") announces that it has
posted a new corporate presentation for investors and interested
parties on its website at www.madalenaenergy.com. This new presentation provides an overview of both Madalena's
International and Domestic assets.
About Madalena - International and Domestic Assets
Madalena is an independent, Canadian-based, international and domestic
upstream oil and gas company whose main business activities include
exploration, development and production of crude oil, natural gas
liquids and natural gas.
Internationally, Madalena holds 14 large land blocks within five
provinces in Argentina where it is focused on the delineation of large
petroleum in-place shale and unconventional resources in the Vaca
Muerta and Agrio shales, in addition to multiple tight sand plays. The
Company is also implementing horizontal drilling and completions
technology to develop high impact conventional and resource plays.
Domestically, Madalena's core area of operations is located in the
Greater Paddle River area of west-central Alberta where the Company
holds approximately 200 gross (150 net) sections of land (approximately
78% average W.I.) encompassing light oil and liquids-rich gas resource
plays. Madalena's primary domestic focus is to exploit its large
inventory of horizontal drilling locations on its Ostracod oil and
other oil and liquids-rich gas resource plays.
Madalena trades on the TSX Venture Exchange under the symbol MVN and on
the OTC under the symbol MDLNF.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Madalena Energy Inc.
For further information:
Kevin Shaw, P.Eng, MBA
President and Chief Executive Officer
Madalena Energy Inc.
Phone: (403) 262-1901 (Ext. 230)
Thomas Love, CA
VP-Finance and Chief Financial Officer
Madalena Energy Inc.
Phone: (403) 262-1901 (Ext. 227)