MPAL | Site Map | Contact

Press Releases

Magellan Petroleum Corporation is a publically traded company that often appears in the news. We have created this archive of news stories and press releases to inform the public of new developments.

	Magellan Petroleum Corporation Announces Election of J. Robinson West as New Director
	Friday, March 12, 2010
	Portland, Maine, March 12, 2010 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) announced that it has, effective March 10, 2010, elected J. Robinson West to fill a newly created vacancy on the Company’s Board of Directors, which has been increased in size from seven (7) to eight (8) directorships by amendment of the Company’s Bylaws. Mr. West will serve as a Class I director until the Company’s 2010 annual meeting of shareholders, when he is expected to be nominated for shareholder approval to serve a full three-year term on the Board.

	Magellan Petroleum Outlines Montana Field Consolidation, Changes to Existing Warrant Agreement, and Australian Gas Sales Update
	Thursday, March 11, 2010
	Portland, Maine, March 11, 2010 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) (“Magellan” or the “Company”) announced the completion of a transaction in North America, the amendment of a warrant agreement, and an update on gas sales flow updates in Australia.

	Magellan Appoints New Chief Financial Officer and Treasurer
	Wednesday, February 10, 2010
	PORTLAND, Me., February 10, 2010 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) (the “Company” or “Magellan”) announced the appointment of William E. Begley, Jr. as its new Chief Financial Officer (CFO) and Treasurer. Daniel J. Samela has resigned as CFO, Chief Accounting Officer and Treasurer, but will remain with the Company and continue to serve as Vice President – New Ventures.

	Magellan Petroleum Corporation Announces Second Quarter Results
	Monday, February 08, 2010
	Portland, Maine, February 8, 2010 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) reported consolidated net income of $1.6 million ($.03 per share) on gross revenues of $9.7 million for its fiscal second quarter ended December 31, 2009, as compared to a net loss of $525,000 (($.01) per share) on revenues of $5.2 million in last year’s second quarter. Working capital was $52.6 million at December 31, 2009, an increase of $21.2 million over the same period last year.

	Magellan Petroleum Coportaion updates Mereenie gas sales status
	Tuesday, December 29, 2009
	Portland, Maine, December 29, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) Magellan continues to sell natural gas volumes to Power and Water Corporation (PWC) under the “reasonable endeavors” provision of the higher-priced Mereenie Sales Agreement 4 (MSA4).

	Magellan Petroleum ranks #526 among the top 900 companies with stocks that have more than doubled in price in 2009 (year to date).
	Thursday, December 17, 2009

	Magellan Petroleum Corporation Announces Update on Completion of the Cooper Basin Asset Sale Process
	Friday, December 04, 2009
	Portland, Maine, December 4, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) announced the pending sale of all its assets located in the Cooper Basin, Australia, subject to closing of final sale agreements.

	Magellan Petroleum announces the 2009 Annual Shareholders meeting, Wednesday December 9th, 2009
	Tuesday, November 17, 2009
	Portland, ME November17, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) is proud to welcome you to the 2009 Annual Shareholders Meeting to be held at 1 p.m. Wednesday, December 9th, 2009 at the Hyatt Regency Orlando International Airport.

	Magellan Petroleum Corporation Announces First Quarter Results
	Wednesday, November 11, 2009
	Portland, Maine, November 11, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) reported a consolidated net loss of $1.3 million (loss of $0.03 per share) on gross revenues of $8.9 million for its fiscal first quarter ended September 30, 2009, as compared to net income of $1.5 million ($0.04 per share) on revenues of $10.4 million in last year’s first quarter.

	Magellan Petroleum Announces Production and Exploration Activities for the Quarter Ended September 30, 2009
	Tuesday, November 10, 2009
	Portland, Maine. November 10, 2009 – Magellan Petroleum Corporation (NCM: MPET; ASX: MGN) (“Magellan”) announced its production and exploration activities for the quarter ended September 30, 2009.

Jump to Page: 1 2 3 4 5 6 7

RSS Feed

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.

Governance