Madalena Energy drops acquisition of extra Coiron interest
Madalena Energy has decided not to acquire an extra 10% stake in the Coiron Amargo block in Argentina and to cancel a public offer, citing market conditions
View ArticleMadalena Energy Inc reveals board changes
Argentina-focused Madalena Energy Inc said chairman Steven Sharpe has been hired as interim president and chief executive officer following the departure of Kevin Shaw.
View ArticleMadalena Energy Inc reduces net loss in challenging backdrop
Oil and gas producer with assets in Argentina and Canada, Madalena Energy Inc reported increased revenues and reduces losses in 2015 amid a challenging industry backdrop.
View ArticleMadalena Energy releases financial results for Q1
Madalena is currently seeking new sources of capital, which could involve debt and equity funding.
View ArticleFirst Mountain firms up Madalena, Point Loma deals
Madalena Energy Inc said on Tuesday it has entered into definitive arms-length agreements with First Mountain Exploration Inc and Point Loma Energy Ltd
View ArticleMadalena Energy confirms Canadian sale to Point Loma
“Point Loma believes its core area of the Western Canadian sedimentary basin is currently underexploited and has significant economic potential."
View ArticleMadalena Energy completes sale of its non-core Canadian petroleum assets
Point Loma acquired Madalena's non-core petroleum and natural gas assets in the Paddle River area of Alberta...
View ArticleMadalena Energy reshuffles acreage positions in Argentina
It will now have 90% of the newly defined Coiron Amargo Sur Este area.
View ArticleMadalena Energy announces funding to alleviate liquidity challenges
The board has been authorised to raise up to C$10mln of convertible debentures.
View ArticleMadalena director Smith, VPs Kapusta, Stanton depart the board
Madalena Energy Inc announced on Wednesday Ray Smith has departed from the board of directors, while Stephen Kapusta, vice-president, engineering, and Robert Stanton, vice-president, operations have...
View ArticleTSX-V okays Madalena's shares for debt settlement
The TSX Venture Exchange has accepted for filing the company's proposal to issue 1.7mln shares to its former president and chief executive officer, in lieu of $280,000 in severance pay.
View ArticleMadalena Energy to review strategic alternatives
The company has producing assets but is known to have liquidity issues
View ArticleMadalena Energy expects 30% reduction in oil price
Madalena Energy said on Thursday that it had been advised by the refineries to which it delivers its oil that the price it will receive for November and December oil production will be reduced by...
View ArticleMadalena Energy still in talks with a number of parties
Management in Canada and Argentina have been taking measures for some time now to reduce expenses
View ArticleMadalena to sell 55% interest in Coiron for $10mln
Madalena Energy Inc. shares rocketed by 28% on Wednesday after the company said it will sell a 55% stake out of its current 90% in the Coiron Amargo Sur Este block to Pan American Energy LLC
View ArticleMadalena Energy shares jump nearly 60% after PAE deal, Mackie note
Madalena Energy Inc shares had a good week, as a deal to sell a 55% stake in Coiron Amargo Sur Este block to Pan American Energy LLC resulted in broker Mackie Research maintaining a speculative buy on...
View ArticleMadalena investor Maglan increases holdings to 19.21%
Madalena Energy said on Friday that investor Maglan Capital LP on behalf of Maglan Distressed Master Fund LP and certain managed accounts now holds 19.21% of the company’s stock following purchases...
View ArticleMadalena Energy closes Coiron Amargo stake sale
Madalena Energy shares shot 15% higher on Wednesday as the company closed transactions with Pan American Energy LLC, Sucursal Argentina, relating to Madalena's 90% working interest in the Coiron Amargo...
View ArticleMadalena expects to realize average oil price of $54.00 in Q4 2016
Madalena Energy Inc. has been advised that a majority of producers and refiners in Argentina, at the request of the government, have signed a 2017 Medanito crude oil pricing agreement allowing for...
View ArticleMadalena Energy boosted by Argentina’s ‘market friendly’ policies says analyst
Mackie Research analyst Bill Newman says Madalena shares trade at a deep discount to the value of its proved plus probable reserves, and that doesn't include anything for the potential of its Vaca...
View ArticleMadalena Energy well positioned as investment flows in Argentina’s shale
International investment continues to flow into Argentina's shale industry, and that bodes well for Toronto listed Madalena
View ArticleMadalena Energy says drilling at Argentina shale formation has begun
Canadian oil and gas company will receive US$5.6mln in carried capital costs for work on its shale prospect in Argentina
View ArticleArgentinian Vaca Muerta shale boom starts again; Madalena Energy in the frame
President Mauricio Macri has done much to improve the business climate..
View ArticleMadalena Energy brings in C$1.1mln via Point Loma share sale
Madalena said it sold around 4.68mln escrowed shares in Point Loma Resources
View ArticleMadalena Energy's 2P reserves lifted by 8% at year end
As part of a farm-out in 2016, PAE will fund 100% of the cost of a two well program
View ArticleMadalena Energy's fortunes transformed as Hispania Petroleum extends credit...
Job done. Chairman and interim CEO Steven Sharpe is moving on, with Hispania's CEO Jose David Penafiel taking over as chief executive officer.
View ArticleMadalena Energy finds its man for chief financial officer position
The new CFo is an accountancy graduate from Salvador University
View ArticleMadalena Energy grants 3mln options to CEO Ezequiel Martinez Ariet
The rolling stock option plan currently reserves shares equal to around 10% of the shares in issue
View ArticleMadalena Energy issues 4.75mln warrants to Hispania Petroleum for services
In May this year, Madalena secured credit facilities with the privately owned Spanish energy company.
View ArticleMadalena Energy eyeing production revenues after test results from CASE well
The well, dubbed CAS.X-15, which was completed at the end of May, has tested an average of 430 barrels of oil per day
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