Magellan Petroleum Corporation (MPET)

Magellan Petroleum Corporation

An independent upstream oil and gas company with assets located in Montana, the UK, and Australia.

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CO2-EOR projects have enabled operators to recover up to an additional 20% more oil from reservoirs.

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Magellan Petroleum Corporation (MPET)

About Magellan Petroleum

An Independent Upstream Oil and Gas Company

Magellan Petroleum Corporation is an independent oil and gas exploration and production company focused on the development of a CO2-enhanced oil recovery ("CO2-EOR") program at Poplar Dome in eastern Montana and the exploration of unconventional hydrocarbon resources in the Weald Basin, onshore UK. Magellan also owns an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, which the Company currently plans to farm-out; and an 11% ownership stake in Central Petroleum Limited (ASX: CTP), a Brisbane based junior exploration and production company that operates one of the largest holdings of prospective onshore acreage in Australia.

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