TSXV Trading Symbol: MVN
OTC Trading Symbol: MDLNF
CALGARY, July 31, 2014 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF), is pleased to announce that the Company plans to hold an investor Conference Call to provide an overview of the Company's key focus areas and review an updated corporate presentation on Thursday, August 7, 2014 at 9:00 am MDT (11:00 am EDT).
To participate in the Conference Call, please call:
(888) 390-0546 (toll-free in North America)
(416) 764-8688 (Toronto & International)
An updated corporate presentation is available on the Company's website at www.madalenaenergy.com
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 Lower 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.
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)