COIRON AMARGO: High-impact Development Potential in Unconventional Plays + Conventional OpportunitiesThis block is located in the Neuquén Basin of Argentina MVN has a 35% W.I. (34,973 net acres); Roch 10% (operator); Apco 45%; GyP 10% Existing conventional oil production from the Sierras Blancas formationSignificant upside potential in the unconventional Vaca Muerta shale formationArea fully covered by 3D seismicDrilling program includes multiple wells in 2015 Positioned in the first sweet spot in the basin for shale activity with over 150 shale wells drilled over last 18 months on offsetting acreage; hundreds of additional wells being drilled Area moving to larger-scale exploitation & development
200, 707 - 7th Avenue S.W., Calgary, Alberta, Canada T2P 3H6
Phone: 403-262-1901 | Fax: 403-262-1905
Madalena Energy Inc.