reports
Madalena Announces Name Change
Buenos Aires, Argentina--(Newsfile Corp. - October 25, 2019) - Centaurus Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) (formerly Madalena Energy Inc.) (the "Company") is pleased to announce that it has amended its articles to change its name to "Centaurus Energy Inc.". The Company obtained requisite approval from shareholders at the special meeting held on September 20, 2019. The Company expects its common shares will commence trading under the new name and under the symbol "CTA" on the TSX Venture Exchange ("TSXV") in 3-5 business days following receipt of TSXV approval.The Company's new website w...
Madalena Announces Q3 - 2019 Operational Update, Including Drilling Pr...
(All dollar figures are expressed in United States Dollars)Buenos Aires, Argentina--(Newsfile Corp. - October 17, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce its third quarter operations update. Madalena's CEO Jose Penafiel commented: "As stated when we announced the initial production results from our first of an ongoing multi-well drilling program during September, we are very happy with progress to date and initial results from the ongoing multi-well drilling program on the Coiron Amargo Sur Este (CASE) block. While we have no...
Madalena Announces Production Test of Horizontal Multi-Frac Well CASE-...
Buenos Aires, Argentina--(Newsfile Corp. - September 26, 2019) - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN) (OTCQX: MDLNF) is pleased to announce that Pan American Energy ("PAE"), Madalena's Partner, has successfully completed and tested the first horizontal multi-frac well CASE-101h in the Vaca Muerta Shale Formation at the Coiron Amargo Sur Este ("CASE") block in Argentina. CASE- 101h is the first of a five well program planned for this year.The CASE-101(h) was drilled with an approximate horizontal lateral length of 2,000 meters at a vertical depth of approximately 3,16...
Madalena Announces 2019 Second Quarter Financial Results and Operation...
(All dollar figures are expressed in United States Dollars)Buenos Aires, Argentina--(Newsfile Corp. - August 19, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce its financial and operating results for the three months ended June 30, 2019. Madalena's CEO Jose Penafiel commented: "We are pleased with progress on our CASE horizontal drilling program with our partner, Pan American Energy. We are also happy to announce that an additional well has been added to the 4 well drilling program for a total of 5 horizontal wells that will further...
Madalena Announces Release Date for Its Second Quarter 2019 Results an...
Second Quarter 2019 Results Will Be Released Before Market on Monday, August 19, 2019, Followed by a Conference Call on Tuesday August 20, 2019 at 8:00 A.M. MDTBuenos Aires, Argentina--(Newsfile Corp. - August 13, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's second quarter 2019 operating and financial results on Tuesday August 20, 2019 at 8:00 a.m. MDT (10:00 a.m. EDT). The Company expects to announce second quarter 2019 results before market on Mo...
2 directors bought
Two Directors at Madalena Energy Inc bought 430,000 shares at 0.150CAD. The significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Madalena Announces Changes to Its Board of Directors
Buenos Aires, Argentina--(Newsfile Corp. - July 19, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that it has appointed Dr. Nossonal (Nate) Kleinfeldt to the board of directors of Madalena (the "Board"). Dr. Kleinfeldt replaces Mr. Eric Mark, who has resigned from the Board. In addition, the Board has appointed Dr. Ralph Gillcrist as non-executive Chairman to replace Mr. Gus Halas, who has stepped down from that role. Mr. Halas will remain a director of the Company. Dr. Gillcrist has been a director of the Company since Septemb...
Madalena Announces Q2 - 2019 Operational Update
(All dollar figures are expressed in United States Dollars)Buenos Aires, Argentina--(Newsfile Corp. - July 15, 2019) - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN) (OTCQX: MDLNF) is pleased to announce its second quarter operations update. Madalena's CEO Jose Penafiel commented: "We are very happy to report increased production and realized pricing levels relative to the prior quarter. Increased production was largely thanks to the previously reported positive results of our conventional work-over campaign at Surubi and Palmar Largo. We are also happy to report the 4 well dr...
Madalena Announces Shareholder Approval of Amended and Restated Conver...
Buenos Aires, Argentina--(Newsfile Corp. - June 6, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that it obtained shareholder approval at the special meeting of Madalena shareholders (the "Meeting") held on June 5, 2019 to approve and ratify the amended and restated convertible loan agreement dated April 7, 2019 among Madalena, KD Energy International Capital Limited and Hispania Petroleum S.A. (the "Amended Convertible Loan Agreement"), as more particularly described in Madalena's management information circular dated May 3, 2019....
Madalena Announces 2019 First Quarter Financial Results and Operationa...
(All dollar figures are expressed in United States Dollars)Buenos Aires, Argentina--(Newsfile Corp. - May 15, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2019. Madalena's CEO Jose Penafiel commented: "Our operating netback declined in Q1/19 due to a combination of lower market prices for oil, and higher-than normal operating costs caused primarily by work-overs carried out during the quarter at our conventional Noroeste Basin assets. We continue to expect th...
Madalena Announces Vaca Muerta Drilling Commencement in Coiron Amargo ...
Buenos Aires, Argentina--(Newsfile Corp. - May 13, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") announces it has been informed by the operator of the Coiron Amargo Sur Este ("CASE") block that a drilling rig was mobilized and commenced drilling of the CASE-101h well during the first week of May. Madalena holds a 35% non-operated interest in the CASE block under a 35-year exploitation concession awarded in September 2018. Madalena's share of costs for planned operations at CASE will be funded from the previously announced limited recourse loan for up to ...
Madalena Announces Release Date for Its First Quarter 2019 Results and...
First Quarter 2019 Results Will Be Released After Market on Wednesday, May 15, 2019,Followed by a Conference Call on Thursday May 16, 2019 at 8:00 A.M. MDTBuenos Aires, Argentina--(Newsfile Corp. - May 8, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's first quarter 2019 operating and financial results on Thursday May 16, 2019 at 8:00 a.m. MDT (10:00 a.m. EDT). The Company expects to announce first quarter 2019 results after market on Wednesday, May 1...
Madalena Announces Management Appointment
Madalena Announces Management Appointment BUENOS AIRES, Argentina, April 17, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTCQX: MDLNF) is pleased to announce that Mr. Alejandro Augusto Penafiel has been appointed Vice President Growth and Capital effective April 1, 2019. Mr. Penafiel has been a Director of Madalena since May 2017, acted as Interim Chief Financial Officer of the Company from May to July 2017, and was previously providing services to the company under the recently terminated Hispania Services Agreement thereafter until March 3...
Madalena Announces 2018 Year-End Financial Results and Q1 - 2019 Opera...
(All dollar figures are expressed in United States dollars unless otherwise stated)Buenos Aires, Argentina--(Newsfile Corp. - April 9, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") announces its operating and financial results for the three and twelve months ended December 31, 2018. Madalena's CEO Jose Penafiel commented: "I am very pleased to announce Madalena achieved its first quarter of positive earnings during the fourth quarter of 2018, which I view as a clear indication that the hard work that our team has been doing is yielding a positive resul...
Madalena Announces Entering into of Amended Loan Agreements
(All dollar figures are expressed in United States Dollars, unless otherwise noted)Buenos Aires, Argentina--(Newsfile Corp. - April 9, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that the Company has entered into an amended and restated convertible loan agreement (the "Amended and Restated Loan Agreement") with KD Energy International Capital Limited ("KD Energy") and Hispania Petroleum S.A. ("Hispania") and has extended the term of the working capital loan agreement between the Company and Hispania (the "Working Capital Loan Agr...
Madalena Announces Release Date for Its Year-End 2018 Results and Conf...
Year-End 2018 Results Will Be Released After Market on Tuesday, April 9, 2019, Followed by a Conference Call on Wednesday, April 10, 2019 at 8:00 A.M. MDTBuenos Aires, Argentina--(Newsfile Corp. - April 1, 2019) - Madalena Energy Inc. (TSXV: MVN) (OTCQX: MDLNF) ("Madalena" or the "Company") is pleased to announce that the Company plans to hold an investor conference call to discuss the Company's operating and 2018 annual financial results on Wednesday, April 10, 2019 at 8:00 a.m. MDT (10:00 a.m. EDT). The Company expects to announce the 2018 annual results after market on Tuesday, April 9, 20...
Madalena Announces 33% Growth in Proved Plus Probable Reserves and Ope...
Madalena Announces 33% Growth in Proved Plus Probable Reserves and Operational Update BUENOS AIRES, Argentina, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN, OTCQX: MDLNF) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2018. All dollar amounts are in United States dollars and all reserves and production volumes are on a working interest before royalties ("WI") basis and are expressed in barrels ("bbl") of oil equivalent ("boe"), unless otherwise indicated. Madalena’s CEO Jose Penafiel ...
Madalena Announces 2019 Capital Budget of $38 Million, Guidance for a ...
Madalena Announces 2019 Capital Budget of $38 Million, Guidance for a 56% Growth in Production, and Transition From Hispania Services Agreement BUENOS AIRES, Argentina, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN, OTCQX: MDLNF) is pleased to announce its capital budget for 2019 of US$38 million, together with average 2019 production guidance of 2,600-3,000 BOE/d, representing growth in average annual production of 45-68% from the 2018 average of 1,790 BOE/d. The company is targeting to exit 2019 with a production rate of 2,700-3,500 BOE/...
Madalena Engages Storyboard and Hoot for Investor Relations and Capita...
Madalena Engages Storyboard and Hoot for Investor Relations and Capital Markets Advisory Services BUENOS AIRES, Argentina, Jan. 24, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. (“Madalena” or the “Company”) (TSXV: MVN) (OTCQX: MDLNF) is pleased to announce that it has retained the services of Storyboard Communications Corp. (“Storyboard”) and Hoot Research Inc. (“Hoot”), leading investor relations and capital markets advisory firms servicing Canadian small cap companies across the North American markets. “As Madalena enters a new year, we’re launching a refined communications strategy t...
Madalena Provides an Operational Update for the Fourth Quarter 2018, H...
Madalena Provides an Operational Update for the Fourth Quarter 2018, Highlighting a Near-Term Commitment Reduction and Production Increase BUENOS AIRES, Argentina, Jan. 10, 2019 (GLOBE NEWSWIRE) -- Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN, OTCQX: MDLNF) is pleased to announce the Company’s fourth quarter operational update. Madalena’s President and CEO Jose Penafiel commented: “We are pleased to report a significant reduction in our capital and decommissioning commitments, thanks to: i) the renegotiation of our commitments at Rinconada – Puesto Morales, and ii) the a...
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