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Madalena Energy Inc. MDLNF

"Madalena Energy Inc a Canadian-based international upstream oil and gas company. The core business activities include exploration, development, and production of crude oil, natural gas liquids, and natural gas. The company holds several exploration blocks such as Santa Victoria Block, El Chivil Block, El Vinalar Block and others. It derives revenue from the sales of Crude oil and Natural gas, of which key revenue is derived from Crude oil sales."


OTCQX:MDLNF - Post by User

Comment by kinza1on Aug 24, 2018 2:11pm
216 Views
Post# 28513922

RE:MVN Q2 Results Summary

RE:MVN Q2 Results SummarySteve, not willing to be negative....but I hear an echo every quarter. And I know you hear it too. Slow slower slowest and all that management says needs to take with a lot of salt! Argentinian listing...we are waiting for this one for 9 months or so, renegotiations, ......still not a word on that and already waiting for 9 months or so, pilot drilling (H2....which year?? probably 2019 with 1 well to take 9 months to drill and test and complete) JV...also waiting for 9 months or so....Still invested because the value is there....but there working efforts are really pathetic...slow slower slowest...
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