Seeking Alpha
Editor's notes: Under alternative business scenarios shares of MDLNF are a double or triple. Patient investors with a risk tolerance should consider taking a position.

Madalena Energy (MVN CN, OTCPK:MDLNF US) is a small cap Canadian E&P company with a 135,000 net acre position in the Neuquén basin of southwest Argentina and a 100,000 net acre position in the Greater Paddle River area of west-central Alberta. The Neuquén basin contains the world's second-largest shale gas and the fourth-largest shale oil formation. The Argentine acreage appears to be worth two to three times the stock price, so we get the Canadian assets for free.

The stock is cheap because Argentine energy assets have fallen out of favor. However, this Saturday (12/14/13) Barron's wrote a feature story related to a shift in sentiment entitled, "An Educated Bet on Argentina." Madalena has retained RBC to sell or...

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