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Madalena Energy Makes Nordegg Discovery in Western Canada
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Madalena Energy Inc. has provided the following operational update.
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). Argentina Madalena drilled, completed and placed on production its third Sierras Blancas light oil horizontal (CAN-18(h)) after successfully targeting a third separate oil pool on its Coiron Amargo block (35% WI). The CAN-18(h) horizontal was initially placed on production through permanent facilities at a total of 910 Boe/d (83% oil); Drilling of a fourth Sierras Blancas light oil horizontal is expected…- ✓ Full news archive — U.S., Canada & international coverage
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