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MADALENA VENTURES INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2010

MADALENA VENTURES INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE MONTHS EN...

articleCentaurus Energy Inc.November 22, 20103/company/centaurus-energy-inc/news/madalena-ventures-inc-announces-financial-and-operating-results-for-the-three-and-nine-months-ended-september-30-2010
MADALENA VENTURES INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2010

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[{"type":"text","content":"\n\n\n\n Nov. 22, 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\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, Nov. 22 /CNW/ - Madalena Ventures Inc. ("Madalena" or the\n "Company") (TSX Venture: MVN) today announced that it has filed its\n unaudited financial statements and related management's discussion and\n analysis ("MD&A") for the three and nine months ended September 30,\n 2010 on www.sedar.com and on its website www.madalena-ventures.com. All amounts are in Canadian dollars ($) unless otherwise stated.\n\n\nHIGHLIGHTS\n\n\nHighlights in the nine months ended September 30, 2010 include:\n\n\n\nSale of Tunisian assets to focus on core, high interest projects in\n Argentina;\n\n\n\n\nExtension of exploration period on all three Argentina exploration\n blocks;\n\n\n\n\nCompleted the drilling of two successful exploration wells on the Coiron\n Amargo block;\n\n\n\n\nCommenced the drilling of a potential high impact exploration prospect\n (truncation play) on the Curamhuele Block (fourth quarter);\n\n\n\n\nSignificant farm-out of the Cortadera Block to Apache Energia Argentina\n S.R.L (fourth quarter); and\n\n\n\n\nCompletion of $26.5 million bought deal equity financing in November\n 2010.\n\n\n\nOVERVIEW\n\n\nMadalena is an independent, Canadian-based, international upstream oil\n and gas company whose main business activities include exploration,\n...

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