Coiron Amargo

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From a company PR November 4, 2014

Madalena drilled, completed and placed on production its third Sierras Blancas light oil horizontal (CAN- 18(h)) after successfully targeting a third separate oil pool on its Coiron Amargo block (35% WI). The CAN- 18(h) horizontal was initially placed on production through permanent facilities at a total of 910 Boe/d (83% oil);