Exploration & Production | Capital Markets | Capital Expenditure | Drilling Program
Madalena Focuses on Argentina in 2015
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Madalena Energy Inc. has announced its 2015 capital program of CDN$48.2 million.
The 2015 Capital Budget, which is anticipated to be funded by funds generated from operations and working capital, will focus on the Company's strategic unconventional and scaleable resource plays in Argentina with additional capital targeted primarily for Argentinean conventional development and for operational improvements to reduce costs and provide necessary infrastructure.
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