TSXV Trading Symbol: MVN
CALGARY, May 7, 2013 /CNW/ - Madalena Ventures Inc. (the
"Company" or "Madalena") (TSX VENTURE: MVN) announces that it has
posted a new corporate presentation for investors, and interested
parties, on its website at www.madalena-ventures.com.
This new presentation provides an overview of both Madalena's
International and Domestic assets.
The Company also announces that the annual
general and special meeting of shareholders will be held at the
offices of Burnet, Duckworth & Palmer LLP, 2400, 525 -
8th Avenue, S.W., Calgary,
Alberta, Canada on Tuesday, July
30, 2013 at 3:00 p.m.
(Calgary time).
About Madalena
Madalena is an independent, Canadian-based,
international and domestic upstream oil and gas company whose main
business activities include development, exploration and production
of crude oil, natural gas liquids and natural gas.
Internationally, Madalena holds three blocks
(135,000 net acres) within the prolific Neuquén basin where it is
focused on the delineation of vast petroleum in-place shale &
unconventional resources in the Vaca Muerta and Lower Agrio shales,
alongside tight sand plays in the Mulichinco and Quintuco. The
Company is also developing a conventional oil play in the Sierras
Blancas formation.
Domestically, Madalena's core area of operations
is located in the Greater Paddle River area of west-central
Alberta where the Company holds
approximately 200 gross (>150 net) sections of land (78% average
W.I.) encompassing multiple light oil and liquids-rich resource
plays. Madalena's domestic focus is to exploit its large inventory
of horizontal development locations on its Ostracod oil,
Notikewin/Wilrich liquids-rich gas, and emerging Nordegg oil & liquids-rich resource
plays. Madalena also holds more than 100 net sections (100%
W.I.) of Duvernay shale
rights.
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SOURCE Madalena Ventures Inc.