Madalena announces second quarter 2013 financial results and operations update

About this update from Centaurus Energy Inc.

[{"type":"text","content":"\n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, Aug. 26, 2013 /CNW/ - Madalena Energy Inc. (TSXV: MVN) (the\n \"Company\" or \"Madalena\") is pleased to announce the filing on SEDAR of\n the unaudited interim consolidated financial statements and related\n Management's Discussion and Analysis (\"MD&A\") for the three and six\n months ended June 30, 2013. Selected financial and operational\n information is outlined below and should be read in conjunction with\n Madalena's unaudited interim consolidated financial statements and\n related MD&A which are available for review under the Company's profile\n at www.sedar.com and on the Company's website at www.madalena-ventures.com.\n\n\nSummary Financial and Operational Highlights\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nThree months endedJune 30\n\n\nSix months endedJune 30\n\n\n$CDN\n\n\n2013\n\n\n2012\n\n\n2013\n\n\n2012\n\n\nFinancial\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nOil and gas revenue\n\n\n3,877,254\n\n\n374,734\n\n\n7,486,997\n\n\n771,507\n\n\nNet loss\n\n\n(320,306)\n\n\n(1,847,894)\n\n\n(2,640,034)\n\n\n(3,015,349)\n\n\nPer share - basic and diluted\n\n\n(0.00)\n\n\n(0.01)\n\n\n(0.01)\n\n\n(0.01)\n\n\nCapital expenditures\n\n\n6,053,500\n\n\n6,217,529\n\n\n23,028,382\n\n\n12,909,193\n\n\nWorking capital\n\n\n7,780,138\n\n\n63,260,017\n\n\n7,780,138\n\n\n63,260,017\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nEquity outstanding \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nCommon shares\n\n\n316,840,885\n\n\n314,307,185\n\n\n316,840,885\n\n\n314,307,185\n\n\nStock options\n\n\n15,371,665\n\n\n16,323,699\n\n\n15,371,665\n\n\n16,323,699\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nOperating\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nAverage Daily Production\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nCrude oil and condensate - Bbls/d\n\n\n297\n\n\n66\n\n\n307\n\n\n64\n\n\nNatural gas - Mcf/d\n\n\n3,491\n\n\n-\n\n\n3,086\n\n\n-\n\n\nNGLs - Bbls/d\n\n\n140\n\n\n-\n\n\n125\n\n\n-\n\n\nTotal  - boe /d(1)\n\n1,020\n\n\n66\n\n\n946\n\n\n64\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nAverage Sales Prices\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nCrude oil and condensate - $/Bbl\n\n\n78.77\n\n\n76.64\n\n\n78.70\n\n\n76.92\n\n...

More updates from Centaurus Energy Inc.