Nov 23 (Reuters) - Madalena Energy Inc MVN.V
* Qtrly loss per share $0.02
* Qtrly oil and gas revenue 11.7 million versus 20.8 million
* Undertaking a review of operating assets in order to determine extent of financial impact caused by lower oil prices
* Clear that reduction in oil prices communicated to company by refiners will have a significant negative impact
* All capital spending has been limited or deferred
* Actively involved in negotiations with number of parties who have expressed interest in various transactions with madalena
* Madalena energy - without infusion of capital or successful outcome from strategic alternatives process in soon, may not be able to continue as going concern
* Madalena announces q3 - 2016 results Source text for Eikon: ID:nPn5kncpLa Further company coverage: MVN.V