VALLE MORADO: Significant Structure - Confirmed GasThis block is located in the Northwest Basin of ArgentinaMVN is the operator with 96.6% W.I. (45,828 net acres); Hinton 3.4%This exploitation concession expires in 2034 with no outstanding work commitments remainingVM-1001(ST) well was drilled in 1997 and has produced from three different horizons at rates up to 30 MMcf/d in the period August 1999 until July 2001Significant seismically defined structure supported by historical gas productionGas treatment plant and infrastructure currently in place to handle 35 MMcf/d and can be expanded to meet production needsApproved Gas Pus Program (price up to $7.50 USD/Mmbtu)Large gas development project with unbooked upside
200, 707 - 7th Avenue S.W., Calgary, Alberta, Canada T2P 3H6
Phone: 403-262-1901 | Fax: 403-262-1905
Madalena Energy Inc.