Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on MADALENA ENERGY INC. We currently have 2 research reports from 2 professional analysts.
Frequency of research reports
Research reports on
MADALENA ENERGY INC
MADALENA ENERGY INC
GMP FirstEnergy ― UK Energy morning research package
18 Nov 16
Madalena Energy (MVN CN) (not covered): Lower oil price in Argentina | Pan Orient Energy (POE CN) (not covered): 3Q16 results | Atlantic Petroleum (ATLA DK/NO) (not covered): no deal at Orlando | The Parkmead Group (PMG LN) (not covered): 1H16 results | Urals Energy (UEN LN) (not covered): operational update in Russia | MX Oil (MXO LN) (not covered): Update in Nigeria
Large Argentina acreage position
02 Dec 15
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 of risked contingent resources for its Vaca Muerta shale (at Coiron Amargo alone) over 2012 levels. Existing production realises healthy netbacks ($97/bbl in Q315) despite the fall in oil prices, providing useful cash flows. The company should see continued catalysts in 2016 to unlock the material resources contained in the acreage.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)
High grade, low cost gold
28 Nov 16
High grades and low costs mean that, in our view, Scotgold’s Cononish project could generate more than £14m a year in EBITDA. In addition to advancing funding discussions based on the compelling bankable feasibility study mine plan (which at £950/oz gold price and 8% WACC gives a project NPV of £43.0m), the company is exploring optimisation opportunities, as well as the potential for a phased approach requiring lower up front capital. We are resuming coverage with a Buy recommendation and target price of 2.2p