TSXV Trading Symbol: MVN
OTC Trading Symbol: MDLNF
CALGARY,
Oct. 1, 2014 /CNW/ - Madalena Energy
Inc. (TSX-V: MVN and OTC: MDLNF) (the "Company" or "Madalena") is
pleased to announce that it will be presenting at The Oil Council's
North America Assembly in Houston,
Texas at 8:00 am Wednesday, October
8th, 2014.
About Madalena - International and Domestic
Assets
Madalena is an independent, Canadian-based,
international and domestic upstream oil and gas company whose main
business activities include exploration, development and production
of crude oil, natural gas liquids and natural gas.
Internationally, Madalena holds 14 large land
blocks within five provinces in Argentina where it is focused on the
delineation of large petroleum in-place shale and unconventional
resources in the Vaca Muerta and Agrio shales, in addition to
multiple tight sand plays. The Company is also implementing
horizontal drilling and completions technology to develop high
impact conventional and resource plays.
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 (approximately
78% average W.I.) encompassing light oil and liquids-rich gas
resource plays. Madalena's primary domestic focus is to exploit its
large inventory of horizontal drilling locations on its Ostracod
oil and other oil and liquids-rich gas resource plays.
Madalena trades on the TSX Venture Exchange
under the symbol MVN and on the OTC under the symbol MDLNF.
Neither the TSX Venture Exchange nor its
Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Madalena Energy Inc.