Madalena Energy Sits In The Sweet Spot Of Massive Shale Resources

  • Argentinean shale compares well with anything in the world, and development is still in relative infancy – there is a long learning curve ahead.
  • The unconventional resources are key in Argentina’s energy policy, and dependence on foreign expertise and capital is large, so the investment climate for energy can’t be that bad.
  • Madalena is the only small independent with positions in key unconventional Argentinean resources; it is debt-free, generates substantial operational cash flow and has a rapidly increasing production and resource.

Source: Madalena Energy Sits In The Sweet Spot Of Massive Shale Resources – Madalena Energy Inc (OTCMKTS:MDLNF) | Seeking Alpha