Madalena Ventures Inc. is a junior domestic and international oil and gas exploration company based in Calgary, Alberta, Canada.
In Argentina, the Company has built a portfolio of world class, high working interest exploration opportunities in the Neuquén Basin. The portfolio consists of three highly prospective blocks, each comprised of a large land area on trend with known discoveries and supported by extensive 2D and 3D seismic coverage and offsetting well data.
As part of its corporate strategy Madalena operates in the region through strategic alliances with local exploration and development companies. New opportunities are evaluated based on a number of factors including entry cost, upside potential and their ability to generate early cash flow.
In Canada, the Company has a growing core area in the Greater Paddle River area of Central Alberta. The Company has a substantial inventory of horizontal drilling locations on multiple resource plays.
Madalena is listed on the TSX Venture Exchange under the symbol "MVN"