03:56 PM EST - Madalena Energy Inc. : announced the results of a multi-rate production test for the CAN.xr-2(h) horizontal well in Argentina which is the Company's first horizontal well to be drilled on its international assets. The CAN.xr-2(h) well was recently re-entered and drilled horizontally in the Sierras Blancas light oil reservoir to a total measured depth of 3,751 metres with a horizontal lateral section of approximately 530 metres in length. Madalena Energy Inc.
shares V.MVN are trading up $0.04 at $0.68.