Head Office: MADALENA ENERGY INC. Madalena Suite 200, 707 - 7th Avenue SW Calgary, Alberta, Canada T2P 3H6 e n e r g y International Office: MADALENA ENERGY S.A. inc. 421 Lola Mora, 13th Floor Buenos Aires, ARG C1011ABE…
READER ADVISORIES Coiron Amargo Discovered Petroleum Initially In Place (1) (net to Madalena) Coiron Amargo Undiscovered Petroleum Initially In Place (1) (net to Madalena) Oil, NGLs and Natural Gas at December 31, 2012 Oil, NGLs and…
READER ADVISORIES Notes To Disclosure of Resources: (1) Total Petroleum Initially In Place means DPIIP + UPIIP. When calculating DPIIP, there is no material production or reserves associated with these properties. Contingent resources…
SUMMARY: Capitalization Trading Symbol- TSXV: MVN July 7, 2014 Total Issued and Outstanding 000s 539,830 Market Capitalization (Basic) (0.45/share) 000s CDN 242,923 At Closing of GTE Transaction Positive Working Capital 000s US…
MADALENA ENERGY: Strategic & Transformational Deal Argentina & Canadian focused Oil and Gas E&P company Closed acquisition of Gran Tierras Argentina business units June 25/14 Resource rich company with solid production platform,…
SUMMARY: Asset Base by Block ASSET BASE NET AVERAGE NET ADJUSTED OIL & NGLs AREA (Block) PRODUCTION WORKING ASSET FOCUS 2P RESERVES (Boe/d) INTEREST (Dec. 31, 2013 MBoe) Canadian Assets 1,000 50% 78% Conventional & Resource Plays…
MADALENA: 2014 - 2nd Half Budget Capital Spending July Dec 2014 Approved Budget CDN 36 MM CANADA Paddle River - Two Ostracod development multi frac horizontal wells for quick production adds Exploration well to meet flow-through…
CANADIAN ASSETS: Alberta W5, Oil and Liquids Rich Gas ALBERTA EDMONTON CALGARY Greater Paddle River Core Area (150 Net Sections of Land) Potential for Strategic Joint Venture Partnerships 3 Key Resource Plays for…
PADDLE RIVER OSTRACOD OIL: Type Well Economics TYPE CURVE ASSUMPTIONS Capital cost (M) 3,500 EUR (Mboe) 302 F&D cost (/Boe) 11.61 Netback (/Boe) 40.81 Recycle ratio 3.52x IP30 (Sales Boe/d) 377 60% oil + ngls GOR (scf/Bbl)…
CANADA: Strategy 2014 BUDGET Drill and complete two Ostracod development wells Anticipated IP 30 approximately 300 Boe/d/well (60% oil and NGLs) One Exploration well to satisfy CEE flow-through commitment Assess Joint Venture…
ARGENTINA PROPERTIES: Premium Player In Argentina Overview Northwest Basin Madalena currently holds interests in 14 exploration and production contracts/concessions in Argentina comprising 1,000,000 net acres Unconventional Shale &…
Resource Opportunity: Vaca Muerta Shale Vaca Muerta Shale: Thickness 500m Progressively deeper & thicker from east to west in the basin Thickness 1000m with the inclusion of the overlying Quintuco Madalena expects that the Vaca…
Resource Opportunity: Lower Agrio Shale Present at Curamhuele and Cortadera The Lower Agrio cycle began with a marine flooding event that created good source rock in the centre of the basin Remainder of the cycle predominately…
Resource Opportunity: Mulichinco Tight Sandstone Prospective at Curamhuele and Cortadera Liquids-rich gas bearing tight sand play Rapid thickening ( 200 m) of the Mulichinco on the Curamhuele and Cortadera blocks Significant…
SHALE PLAYS: Unconventional Resource Report Highlights Ryder Scott conducted a resource evaluation across three of Unlocking the International Prize Madalenas blocks in the Neuquen NET CONTINGENT RESOURCES (P50 -Best Estimate)…
MADALENA: Proving up the Unconventional & Tight Sands Advancing a delineation strategy in the Unconventional shales Budgeted and rig scheduled projects VACA MUERTA Coiron Amargo CAS.x.15 multi-frac completion Coiron Amargo CAS.x.16…
COIRON AMARGO NORTH: Implementing Horizontal Technology; Light Oil Conventional Development SIERRAS BLANCAS HORIZONTALS EXCEEDING EXPECTATIONS Very strong initial production at CAN-15(h) & CAN.xr-2(h) CAN-15(h) tested at rates up to…
COIRON AMARGO NORTH: Horizontal Performance 8 Offsetting Sierras Blancas Horizontal Wells Historical Oil Production X X CAN.xr-2(h) Best Well in play O O CAN-15(h) Above Average 1,000 X X O X O X X X O X X O BOPD…
Coiron Amargo Conventional: High Impact Sierras Blancas Horizontals Budgeted and rig scheduled projects for 2014 SIERRAS BLANCAS HORIZONTALS CAN-18 (h) Horizontal close to existing vertical wells currently rigging up in field (as…
PUESTO MORALES: Loma Montosa Resource Play Tight Dolostone Good well control as original deeper Sierras Blancas wells have drilled through the zone TVD approximately 1100 m Northern end of the field is gas, southern portion is…
PUESTO MORALES: Loma Montosa - PMS-1117(h) vs Vertical Cumulative oil production: Hz well 5 month: 21,000 bbls Vertical 5 month: 5,500 bbls Stabilized oil rate: PMN-1117 (Hz) Hz well: 50 - 60 bbl/d 500 m Hz with 5 fracs…
Puesto Morales: Development Opportunities Budgeted and rig scheduled projects for 2014 LOMA MONTOSA RECOMPLETIONS Complete Loma Montosa in four existing wellbores Approximately 500,000/recompletion Prepare for increased activity…
NORTHERN ARGENTINA: Conventional Oil Production with Exploration Upside Overview El Chivil Palmar Largo 17 wells have cumulative production of 40 MMBbls Palmar Largo Surubi (Proa structure) Proa-2 well has produced 1MMBls in 18…
VALLE MORADO: Significant Structure - Confirmed Gas Overview Madalena is the operator with 97% W.I. The contract for this block expires in 2034 with no outstanding work commitments remaining VM-1001(ST) well was drilled in 1997…
MADALENA (MVN TSX-V): Summary of Balanced Business Strategy Balanced Value Creation in Argentina and Canada Strong balance sheet, debt free, leverage potential Projected growth to 5,200 5,400 Boe/d 2014 exit rate Canadian Assets…
APPENDIX: Additional Supporting Information VACA MUERTA VS U.S. BASIN SHALE PLAYS COIRON AMARGO OFFSETTING ACTIVITY & TRANSACTIONS on Shale Acreage CURAMHUELE OFFSETTING ACTIVITY PRO FORMA RESERVES AND LAND ARGENTINA SHALE BASINS…
VACA MUERTA VS US SHALES: Comparison m 0 250 500 Shale Thickness 750 1,000 Oil Shales Gas Shales Vaca Muerta Shale Vaca Muerta Shale Madalenas Coiron Madalenas Cortadera Shale Comparisons Amargo Area Eagle Ford…
COIRON AMARGO: The Eagle Ford of the Neuquen Basin Feb. 7, 2012 (Reuters): YPF discovers 1 billion Boe at Loma La Lata Petrobras Argentina / Total SA announce new Vaca Muerta over 428 km2 area (5.6 MMBoe/section) in the Vaca Muerta…
CURAMHUELE: Significant Recent Offsetting Activities Offsetting activity by leading international EL TRAPIAL (CHEVRON) YPF Drilling Vaca Muerta operators including ExxonMobil, YPF, and Lower Agrio Shales -ET.x-2006 (Vaca Muerta)…
PRO FORMA SUMMARY: Reserves, Land & Resources MADALENA PRO FORMA ASSET ACQUISITION MADALENA 1 ACQUISITION ADJUSTMENTS PRO-FORMA ACCRETION/DILUTION PROVED -Dec 31, 2013 OIL & NGL (Mbbls) 1,350 4,248 (612) 4,986 182% GAS (MMcf) 8,032…
EIA: Argentinas World-Class Shale Potential June 2013 EIA Released Updated World Shale Oil & Gas Assessment Argentina has 4th largest technically recoverable shale oil resource in the world Behind only Russia, USA & China 3X…
Loading...
