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Madalena Energy Inc.

Madalena Energy Inc. is an independent, Canada-based, international and domestic upstream oil and gas company whose main business activities include development, exploration and production from conventional and unconventional resources (large-in-place shale and tight sands). The company's strategy is to create value and provide superior returns to its shareholders through the generation of a balanced portfolio of high quality oil and gas assets in proven hydrocarbon areas characterized by competitive fiscal terms and significant development potential.

Expert Comments:

Power Hedge, Seeking Alpha (3/19/15)
"Madalena Energy Inc. is a Canadian junior exploration and production company with a tremendous opportunity in Argentinian shale production. Argentina's shale plays have been attracting a lot of attention from major oil companies, which have actively been partnering with or acquiring the junior players that moved in first. Madalena's land holdings in the country are worth several times the enterprise value at current land valuations. The company has a very strong balance sheet, with no debt and significant funds flow from operations. Madalena could be an acquisition target or a major opportunity for an investor."

"Madalena Energy Inc. is a story I've been following for a couple years, and I feel there is no better time to be looking at this company than right now. . .with a solid financial position and an even better land base in what could be the biggest shale play in the world, driven by the Vaca Muerta shale and Lower Agrio shales, Madalena is well positioned to focus on derisking its unconventional shale assets and strategic resource plays in the Neuqueìn Basin. The assets in Argentina are wedged between some of the biggest players in the world. . .with its substantial land position in one of the hottest areas in the world, the only way to get a sizeable stake in the area without disrupting another major is through Madalena. . ." read more >

Michael Charlton, Industrial Alliance Securities (2/13/15)
"Madalena Energy Inc.'s total proved reserves increased 149% to 6,491 Mboe (78% oil and liquids) while total 2P reserves increased 155% to 11,496 Mboe (72% oil and liquids). . .optionality of the unconventional asset base in Argentina on success is high, with even a small percentage of the company’s land base potentially yielding net asset value additions which are multiples above the current share prices. As larger industry players continue to develop and derisk the adjacent lands, Madalena's acreage becomes more attractive and could yield valuations which are also multiples of the current share price and the market capitalization of the entire company."

Geoff Ready, Dundee Capital Markets (2/13/15)
"Madalena Energy Inc. released its year-end 2014 reserves, which saw a 149% increase in Proven (1P) reserves to 6.5 Mboe and a 155% increase in Proven and Probable (2P) reserves to 11.5 Mboe. . .Argentina reserves account for 79% and 74% of total reserves on a 1P and 2P basis, respectively. . .at Puesto Morales, the company has commenced drilling the PMS-1135(h) well targeting the Loma Montosa oil play."

Bill Newman, Mackie Research Capital (2/12/15)
"Madalena Energy Inc. released an independent engineer report for the year ending Dec. 31, 2014, that showed 2P reserves increased 155% year-over-year to 11.5 Mboe from 4.5 Mboe. The majority of the reserve additions were from the acquisition of Gran Tierra Energy's Argentina business unit mid-2014 and additions from the Sierras Blancas conventional play. . .the company will focus 2015 operations on four key plays: Loma Montosa, VM shale, Agrio shale and Mulichinco tight sands. Attractive crude oil prices in Argentina currently should also help support cash flow this year."

Deborah Bacal, Proactive Investors (2/12/15)
"Madalena Energy Inc., which is focused on oil and gas in Argentina, said its Proven and Probable reserves at year-end 2014 increased 155% from a year earlier, while net present value more than tripled. The gains are on the back of the company's acquisition of Gran Tierra Energy Inc.'s Argentinean assets last year. . .the Canadian junior also achieved success on its horizontal drilling projects in 2014. . .Madalena, unlike many oil and gas juniors, can weather the current downturn in oil prices, as oil prices in the regulated domestic market in Argentina continue to remain well above the Brent oil benchmark price."

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Experts Commenting on This Company


The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
Prime Acreage Positions Across World Class Unconventional Resources in the Vaca Muerta Shale and Agrio Shale with ~35 Billion Barrels of oil equivalent of net In-Place Petroleum
 
Applying Horizontal technology Internationally across multiple Large-in Place Resource Plays
 
Premium Argentina E&P Player with an Experienced Full Cycle Team and a balanced portfolio of assets including large acreage positions (and production operations) across both prolific conventional and unconventional plays
catalyst Calendar
Q2
2015
Focused on large-in-place international plays, Madalena is drilling four strategic, company making p
Q3
2015
Building on its 2014 success, Madalena is also horizontal developing Sierras Blancas light oil with
Madalena Energy Inc. Content