Madalena Announces Investor Conference Call for Wednesday November 15, 2017

Madalena Energy Inc. ("Madalena" or the "Company") (TSXV:MVN) (OTCQX:MDLNF) is pleased to announce that the Company plans to hold an investor conference call to discuss the Company’s operating and financial results for Q3 - 2017 on Wednesday November 15, 2017 at 08:00 am MST (10:00 am EST). The Company expects to announce the Q3 -2017 results on November 15, 2017.

To participate in the conference call, please dial:

([phone] (local dial in number)([phone] (toll free dial in number North America08006522435 (toll free dial in number in United Kingdom)08004448221 (toll free dial in number in Argentina)

About Madalena EnergyMadalena is an independent, Canadian upstream oil and gas company with operations in four provinces of Argentina where it is primarily focused on the delineation of unconventional oil and gas resources. The Company is implementing horizontal drilling and completions technology to develop both its conventional and resource plays.

Madalena trades on the TSX Venture Exchange under the symbol MVN and on the OTCQX under the symbol MDLNF.

For further information please contact:        

Jose David PenafielChief Executive Officeremail: [e-mail]: [phone]

Alejandro Augusto PenafielDirectoremail: [e-mail]: [phone]

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