Madalena Energy Terminates Coiron Amargo Acquisition & Offering

Source: www.gulfoilandgas.com 3/14/2016, Location: South America

Madalena Energy Inc. announces that, due to prevailing market conditions, it has elected not to proceed with the acquisition of an additional 10% working interest in the Coiron Amargo block in Argentina and the related marketed public offering of common shares of the Company, previously announced on March 1, 2016.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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