About Us

Madalena is an independent, Canadian-based, international upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas. Madalena's strategy is to create value and provide superior returns to our shareholders through the generation of a balanced portfolio of high quality oil and gas assets in proven hydrocarbon areas characterized by competitive fiscal terms and significant development potential.

Following the sale of the Company's Canadian oil and gas assets in August 2009 and Tunisian assets in March 2010, the Company is moving forward with ongoing exploration and development of the Corporation's core high working interest projects in the Neuqu-n Basin of Argentina. The Company is currently active in a multi-well drilling program on the Coiron Amargo block.