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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 Iknownothing505on Jan 31, 2019 2:32pm
163 Views
Post# 29302779

RE:RE:Enlighten Me

RE:RE:Enlighten MeThe company does not have to be for sale for it to be approached even if you have a 20% interest. At the right price, you would be sellers even if the bid is hostile. Again, the majors have so much money they could secure mdlnf for "free" assuming they deemed there was significant value.
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