Madalena Energy (MVN) is an Argentina-focused E&P player, which holds material positions in the Neuquen and Nororeste basins. Its interests in 13 concessions cover 950,000 acres and contain risked contingent recoverable resources of 105.2mmboe (172.7mmboe unrisked), with additional risked recoverable prospective resources of 192mmboe (unrisked 1.5bnboe). Importantly, the company has been able to grow production, reserves and resources over time, including a 374% increase in best estimates
02 Dec 2015
Large Argentina acreage position
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Large Argentina acreage position
Madalena Energy (MVN) is an Argentina-focused E&P player, which holds material positions in the Neuquen and Nororeste basins. Its interests in 13 concessions cover 950,000 acres and contain risked contingent recoverable resources of 105.2mmboe (172.7mmboe unrisked), with additional risked recoverable prospective resources of 192mmboe (unrisked 1.5bnboe). Importantly, the company has been able to grow production, reserves and resources over time, including a 374% increase in best estimates