Saturday, March 07, 2015 9:29:45 PM
By Proactive Investors March 06 2015, 5:30pm
"Next Thursday we would be delighted if you could join us in Mayfair for an update from three exciting resource stocks."
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"Madalena Energy, meanwhile, aims to cash in on Argentina’s growing status as a shale oil address.
Financier George Soros has joined several oil majors in backing projects in the country, while the company just revealed a 155% increase in proved plus probable reserves.
These 2P reserves are worth $199mln, but Madalena has 14 concessions across Argentina stretching over one million net acres of land in an area dominated by industry majors such as YPF, Chevron, Total and Exxon.
The latest reserve estimate also barely included any credit for its high impact, unconventional assets, which include the Lower Agrio shale or Mulichinco, and incorporated just 105 Mboe of Vaca Muerta reserves. "
Kevin Shaw, CEO, will join us to discuss.
http://www.proactiveinvestors.co.uk/companies/news/78009/madalena-energy-andes-energia-and-horizonte-minerals-next-week-78009.html
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