Business

MADALENA OPERATIONAL UPDATE

Apr. 6, 2011 (Canada NewsWire Group) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SER...

articleCentaurus Energy Inc.April 6, 20115/company/centaurus-energy-inc/news/madalena-operational-update
MADALENA OPERATIONAL UPDATE

About this update from Centaurus Energy Inc.

[{"type":"text","content":"\n\n\n Apr. 6, 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\nNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR\nFOR DISSEMINATION IN THE UNITED STATES \n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, April 6 /CNW/ - Madalena Ventures Inc. and its wholly owned\n subsidiary Madalena Austral SA ("Madalena" or the "Corporation"), is\n pleased to announce that the Corporation's CAS X-1 exploratory well on\n the Coiron Amargo block has been cased as a potential hydrocarbon\n discovery. The well is situated in the southern portion of the block\n approximately 16 km south of the successful CAN X-1 exploration well\n drilled in the northern portion of the block in September 2010.\n\n\nThe CAS X-1 well was drilled to a total depth ("TD") of 11,840 feet and\n has been cased to 11,040 feet in the Sierras Blancas formation. The rig\n will be released shortly and move to drill the CAN X-4 well in the\n northern portion of the block.  Both oil and gas shows were evident\n during the drilling of the Vaca Muerta and Sierras Blancas formations.\n Based on electric logs, the Vaca Muerta formation is similar to the\n Vaca Muerta formation encountered in the previous three wells drilled\n on the northern portion of the block.  In addition, the Company\n acquired for further study nine sidewall cores at various intervals\n over the entire formation. The Sierras Blancas formation had a\n potential gross hydrocarbon column of 75 feet. Two sidewall cores...

More updates from Centaurus Energy Inc.