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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 Poleary08on Oct 05, 2021 10:19am
444 Views
Post# 33966561

RE:RE:RE:RE:Movement

RE:RE:RE:RE:MovementI dont think they have much left.  They should have some cash but in reading the release they still have liabilities for stock options (recently given) and the Pendafal lawsuits  (spelling may be incorrect)
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