Madalena Announces New Oil & Gas Discovery, Continued Drilling Success in Argentina and Vaca Muerta Shale Drilling Update
CALGARY, Nov. 4, 2014 - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to provide the following operational update. KEY HIGHLIGHTS:
CANADA
- Successfully drilled and completed a new horizontal oil and gas exploration discovery (100% WI) in the Nordegg formation on Madalena's Western Canadian assets. This new discovery well flowed continuously up 7 inch casing and ended its initial clean-up period flowing at a rate of 718 Boe/d (51% Oil).
- Published: 04 November 2014
- Written by Editor