Madalena Energy Inc
3200, 500 - 4TH Avenue SW, Calgary, Canada | Oil & Gas
Madalena Energy is an independent, Canadian-based, international upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas.
Madalena holds a large land position across 14 concessions/blocks in Argentina and efficiently executes full cycle operations across all aspects of its oil and gas business.
Madalena is focused on the delineation of large petroleum in-place shale and unconventional resources in both the Vaca Muerta and Lower Agrio shales, in addition to multiple tight sand plays throughout the Company's portfolio of assets. The Company is also focused on implementing horizontal drilling and completions technology to develop high impact conventional, and scalable resource plays, for light oil and liquids-rich gas.
Madalena trades on the TSX Venture Exchange under the symbol MVN and in the United States under the OTCQX public market: MDLNF
About Us
Madalena is an independent, Canadian-based international upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas. Madalena's strategy is to create value and provide superior returns to our 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.
Madalena Energy Inc. and its wholly owned subsidiaries have exploration and production assets in Argentina.
Strategy
Madalena's strategy is to create value 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.
Value creation for Madalena is achieved by following some basic principles:
• Regional geographic focus - focus on those areas in which you have experience
• Focus on known oil and gas basins - increase prospectivity by being on trend with known discoveries and in close proximity to producing fields
• Underexplored areas - establish significant upside potential by securing large land positions in over-looked areas
• Low entry cost - manage capital commitments to minimize financing risk
• High working interests - secure high working interests and operatorship to control timing and development options
• High grade exploration areas - acquire new 3D seismic over prospective features
• Joint venture - manage capital exposure via joint ventures
• Drill high impact exploration and lower risk development targets
• Generate early cash flow - develop prospects that can generate good netbacks and early cash flow
• Develop new prospects - transition from exploration to development and utilize strong cash flow position to fund new projects
Company Details | |
---|---|
Company Name | Madalena Energy Inc |
Business Category | Oil & Gas |
Address | 3200, 500 - 4TH Avenue SW Calgary Canada ZIP: T2P 2V6 |
President | Steven Sharpe |
Year Established | NA |
Employees | 50 |
Memberships | NA |
Hours of Operation | NA |
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