South East Asia Australia Offshore Conference Presentation by CEO William H. Hastings

September 22-24, 2010

Darwin Convention Center
Strokes Hill Road
Darwin, NT Australia 0800

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On Thursday September 23rd, 2010, at 16:30, Mr. William H. Hastings will present an operational case study “Magellan: Charting a New Course” at the SEAAOC.

SEAAOC is Northern Australia's largest and longest established petroleum conference, and is a significant international opportunity to discuss key gas and LNG developments located across the entire northern Australian band and SE Asia.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use terms on this web site, such as recoverable barrels of oil, oil-in-place, recoverable oil reserves and probable and possible reserves, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our SEC filings on EDGAR. The Company's Form 10-K can be obtained by writing to the Company at 7 Custom House St., 3rd Floor, Portland, ME 04101. You can also obtain this form from the SEC by calling 1-800-SEC-0300.

The information furnished in this Website by the Company may not be the latest and most current data available. Although the Company will use its best efforts to keep this information current, it does not undertake any duty to continuously update all of the information contained herein.