Madalena Energy Inc. provide the following operational updates:
International Update: Neuquén Basin, Argentina
Coiron Amargo Block (35% Working Interest) - Sierras Blancas Horizontal & Vaca Muerta Shale Drilling Update
The CAN.xr-2(h) well was recently re-entered and drilled horizontally in the Sierras Blancas light oil reservoir to a total measured depth of 3,751 meters with a horizontal lateral section of approximately 530 meters in length.
This horizontal well was subsequently cased and completed with a 3.5" slotted liner and a multi-rate production test was carried out through temporary production facilities.