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Madalena Testing Horizontal Developments
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Madalena Energy Inc. has announced the filing on SEDAR of its unaudited interim consolidated financial statements and related Management's Discussion and Analysis for the three and six months ended June 30, 2014.
2Q 2014 Highlights($CDN unless otherwise specified)
June 24, 2014 - closed a bought deal financing for aggregate gross proceeds of $50 million; June 25, 2014 - closed the acquisition of the Argentinean business unit of Gran Tierra Energy Inc. for a total consideration of $74.4 million, including working capital adjustments, payable in $59.2 million cash and $15.2 million in common shares of Madalena. The second quarter results include six days of contribution from the Acquisition. The Acquisition included proved plus probable reserves of 6,513 Mboe at December 31, 2013…- ✓ Full news archive — U.S., Canada & international coverage
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