Madalena Announces Confirmation of Receipt of Maglan Letter

TSXV Trading Symbol: MVN
OTC Trading Symbol: MDLNF

CALGARY, Dec. 9, 2014 /CNW/ - Madalena Energy Inc. (TSX-V: MVN) and (OTC: MDLNF) (the "Company" or "Madalena") announces that further to Maglan Capital LP's ("Maglan") press release of December 8, 2014 (the "Maglan Release"), Madalena confirms that it has received a letter from Maglan in respect of the matters set forth in the Maglan Release.  Madalena welcomes input from its shareholders. The board of directors will carefully consider the matters raised in the Maglan Release, and address them in an appropriate and timely manner.

Madalena trades on the TSX Venture Exchange under the symbol MVN. Basic corporate information, recent news releases and corporate presentations are available on the Company's website at www.madalenaenergy.com.

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.

Kevin Shaw, P.Eng, MBA, President and Chief Executive Officer, Madalena Energy Inc., Phone: [phone] (Ext. 230), [email protected]; Thomas Love, CA, VP, Finance and Chief Financial Officer, Madalena Energy Inc., Phone: [phone] (Ext. 227), [email protected]