Madalena Energy Inc. provided production guidance for the year 2019. The average 2019 production guidance of 2,600-3,000 BOE/d, representing growth in average annual production of 45-68% from the 2018 average of 1,790 BOE/d. The company is targeting to exit 2019 with a production rate of 2,700-3,500 BOE/d, which implies production increasing by 56% or more from the previously reported fourth quarter of 2018 average of 1,730 BOE/d.