Business
MADALENA PROVIDES OPERATIONS UPDATE
MADALENA PROVIDES OPERATIONS UPDATE
About this update from Centaurus Energy Inc.
[{"type":"text","content":"\n\n\n\n Dec. 14, 2010 (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\nNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES \n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, Dec. 14 /CNW/ - Madalena Ventures Inc. and its wholly owned\n subsidiary Madalena Austral SA ("Madalena" or the "Corporation"),\n announces that the Curamhuele X-1001 exploration well located on the\n Curamhuele Block in the Province of Neuquén, Argentina has been\n temporarily suspended with intermediate casing set at 4,000 feet due to\n operational issues associated with drilling through the lower portion\n of the Neuquen group formation. Madalena will re-enter the well and\n continue to the objective formations early in the new year utilizing\n specialized equipment that is not available at this time. Plans to\n re-enter the well will be combined with ongoing preparations to drill\n the Yapai X-1001 (previously named Yapai X-2) thrust play well in the\n first quarter of 2011. \n\n\nMadalena anticipates that it will be active on all three of its\n exploration blocks in the first quarter of 2011.  On the Coiron Amargo\n Block, Apco Oil & Gas International Inc. has elected to enter into the\n second stage of the previously announced multi-well drilling program\n and farm-out on the block. Drilling of the third well under the\n farm-out agreement, CAS X-1, is expected to commence in January 2011 in\n the southern portion of the block. ...