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Bullboard - Stock Discussion Forum Madalena Energy Inc. MDLNF

Energy Oil & Gas E&P
"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... see more

OTCQX:MDLNF - Post Discussion

Madalena Energy Inc. > Maglan Capital..????
View:
Post by oilwatcher13 on Oct 23, 2019 12:18pm

Maglan Capital..????

Must be their worst investment, pumped this dog for over three years and still pumping... still going down to new 52 week lows...

JMHO
Comment by Walkswithcoffee on Nov 23, 2019 1:00pm
Sould be trading for a penny. Sadily, this one got too personal for investors. The net pay zone of the properties are too thin, IMHO, 50 ft  give or take is just too thin, look at sei, with apparent net thicknesses of about 1000ft, trading at a mrkt cap of 16 million, with a presumed net 300 million barrels (accoridng to ecopetrol and the government of Colombia) the comparative metrics of ...more  
Madalena Energy Inc.
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