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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:

Geoff Ready, Dundee Capital Markets (4/9/15)
"Madalena Energy Inc. announced initial test results on its MPS-1135(h) well on the Puesto Morales block. . .testing on the well commenced on March 30, and over the last 24 hours, flowed at 480 bbl/d oil and 2.3 MMcf/d gas (860 boe/d) at 530 psi. . .cumulative production over the final five days was 2,140 bbl oil (428 bbl/d) plus associated gas, recovering 45% of its frack fluid."

Bill Newman, Mackie Research Capital (4/8/15)
"Madalena Energy Inc. announced positive production test results from two horizontal wells in Argentina. . .Loma Montosa flowed 860 boe/d. . .Sierra Blancas flowed 600 boe/d. . .we maintain our Buy recommendation and have increased our target price to $0.75 from $0.65."

Darrell Bishop, Haywood Securities (4/8/15)
"Madalena Energy Inc.'s PMS-1135 Hz well on the Puesto Morales block (100% working interest) tested over the last 24 hours 860 boe/d (480 bbl/d oil, 2.3 MMcf/d) and a 47% water cut. . .we believe this to be a very encouraging initial result. . .we maintain our Buy rating and are increasing our target to $0.60."

Michael Charlton, Industrial Alliance Securities (4/8/15)
"Madalena Energy Inc. announced results from the PMS-1135(h) well in the Loma Montosa formation. . .the well flowed 860 boe/d (56% oil), up 5.5-inch casing at 530 psi and a 47% water cut during the last 24 hours, producing 2,140 bbl oil (428 bbl/d) plus additional gas volumes during the 5-day test period and will be tied into the company's infrastructure shortly."

Shareholders Unite, Seeking Alpha (4/1/15)
"A smaller, interesting Argentinean shale player is Madalena Energy Inc., the only small, independent company with a position in Vaca Muerta (and Agrio) besides YPF. This is a company with a net 132,000 acre position in Vaca Muerta. . .and other positions in the Agrio and Puesto Morales fields and in some 200 sectors in western Canada. Last year, the company's Proven reserves increased by 149% to 6,490 Mboe, and its Proven and Probable reserves increased 155% to 11,494 Mboe. . .from which it already produces some 5,000 boe/d (mostly oil). Madalena is debt free and has sufficient funds for the drill program this year."

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."

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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