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UNITED STATES


Madalena Ventures Inc. ("Madalena" or the "Company") (TSX VENTURE:MVN) today
filed with the securities regulatory authorities in Canada its statement of
reserves data for the year ended December 31, 2007 ("Statement of Reserves
Data"), which includes the disclosure and reports relating to reserves data and
other oil and gas information. The Statement of Reserves Data is included in the
Annual Information Form of the Company for the year ended December 31, 2007,
which is on the System for Electronic Document Analysis and Retrieval ("SEDAR").
The following have also been filed on SEDAR in conjunction with this press
release, Form 51-101F2 Report on Reserves Data by GLJ Petroleum Consultants Ltd.
and Form 51-101F3 Report of Management and Directors on Reserves Data and Other
Information.


This filing is available for review at www.sedar.com.

Madalena Ventures Inc. is an international oil and gas exploration and
development company headquartered in Calgary, Alberta, Canada. Madalena's
objective is to create value for its shareholders through the discovery, and
development of oil and gas reserves. Madalena is focused on opportunities in
Argentina and Tunisia and has production operations in Alberta. Madalena is
listed on the TSX Venture exchange under the symbol "MVN". Visit
www.madalena-ventures.com for more information.
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