Exploration & Production
Madalena Continues HZ Development of Vaca Muerta
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Madalena Energy Inc. has provided selected financial and operational information for the three months and year ended December 31, 2013 and the Company's 2013 year end reserves.
2013 Highlights and Outlook Established and integrated an experienced, full-cycle operating team capable of executing both internationally and domestically. Repositioned Madalena for flexibility with respect to its Neuquén basin assets with the signing of three revised block contracts (new contractual amendments and/or extensions) at each of the Company's Coiron Amargo, Curamhuele and Cortadera blocks in Argentina. Conducted an extensive technical review of the Company's unconventional shale resources on its three land blocks within the Neuquén basin. Ryder Scott Company evaluated the Vaca Muerta shale, Lower…- ✓ Full news archive — U.S., Canada & international coverage
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