A New Direction

Magellan Petroleum is an independent upstream oil and gas company.

We have been listed on the NASDAQ under the symbol MPET since 1972.

A new management team has joined to enhance shareholder value by maximizing the full potential of our existing assets.

Our assets are located in the USA, Australia, and the UK.

In the US, we own and operate Poplar, a producing oil field in the Williston Basin with significant development potential.

In Australia, we own and operate two gas fields in the Amadeus basin and a prospective gas play offshore Darwin in the Northern Territory.

In the UK, we hold 200,000 net acres onshore in the Weald and Wessex Basins.

Magellan’s headquarters are in Denver, Colorado, USA.

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