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Madalena Energy Has A Window To Create A Virtuous Cycle

November 21st, 2017 · No Comments

  • Our recent assessment was too pessimistic.
  • Since then, production and prices are recovering and the company has become cash flow positive.
  • We believe the company has a window to produce a virtuous cycle where cash flow from productive resources can fund much of the development of its promising unconventional resources.
  • It’s the only small company exposed to Argentina’s vast shale resources.

Source: Madalena Energy Has A Window To Create A Virtuous Cycle – Madalena Energy Inc (OTCMKTS:MDLNF) | Seeking Alpha

Tags: MVN