Business
MADALENA DRILLING UPDATE
Jun. 9, 2011 (Canada NewsWire Group) -- / NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERV...
About this update from Centaurus Energy Inc.
[{"type":"text","content":"\n\n\n Jun. 9, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ \n\n\nTSXV Trading Symbol: MVN \n\n\nCALGARY, June 9, 2011 /CNW/ - Madalena Ventures Inc. and its wholly\n owned subsidiary Madalena Austral SA ("Madalena" or the "Company"), is\n pleased to provide an update of drilling activity in the Neuquén basin,\n Argentina.\n\n\nOn the Curamhuele Block, the Company has completed drilling the Yapai\n X-1001 well to a total measured depth ("MD") of 10,743 feet (10,478\n true vertical depth or "TVD") penetrating the Lower Troncoso and Avile\n formations.  Based on electric logs, the well encountered a potential\n gross hydrocarbon column of 23 feet in the Lower Troncoso formation at\n 4,640 feet MD (4,394 feet TVD) and as programmed the well also\n encountered multiple stacked Avile formations from 6,800 feet MD (6,530\n feet TVD) to 10,620 feet MD (10,360 feet TVD).  The Company has elected\n to case the well to total depth with 7" casing and plans to test the\n well in several of the Avile sands and the Lower Troncoso formation in\n the third quarter of 2011. Two previous wells drilled on the block,\n Curamhuele X-1 and Yapai X-1, have been drilled into the Mulichinco\n formation and will be reviewed for potential re-entry to test the Vaca\n Muerta shale formation.\n\n\nOn the Coiron Amargo Block, testing of the CAS X-1...