Field Development | Capital Markets | Drilling Program - Wells | Drilling Activity | Plan To Invest
Madalena Breaks Ground on Vaca Muerta Well Re-Entry Project
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Madalena Energy has commenced the first horizontal multi-frac re-entry in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CASE).
Madalena’s partner, Pan American Energy LLC, Sucursal Argentina (PAE) is the operator at CASE with a 55% working interest. Madalena and Gas y Petroleo del Neuquén, the provincial oil and gas company in the Province of Neuquén, hold 35% and 10% working interests, respectively.
PAE recently mobilized a drilling rig to the CAS.x-15(ST) location to re-enter the well and Madalena was advised that the Re-entry Program commenced today. The rig will drill horizontally for approximately 1,500 metres and will target the Vaca Muerta unconventional oil resource play at a vertical depth of approximately 3,200 metres. Subsequent to drilling, the drilling rig will…
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