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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.
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Wednesday, February 10, 2010 |
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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. |
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Monday, February 08, 2010 |
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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. |
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Tuesday, December 29, 2009 |
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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). |
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Thursday, December 17, 2009 |
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Friday, December 04, 2009 |
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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. |
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Tuesday, November 17, 2009 |
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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. |
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Wednesday, November 11, 2009 |
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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. |
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Tuesday, November 10, 2009 |
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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. |
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Friday, October 16, 2009 |
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Portland, Maine, October 16, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) has completed a Montana oil acquisition and provides commercial updates on Australian and European activities. |
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Friday, August 28, 2009 |
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Portland, Maine, August 28, 2009 -- Magellan Petroleum Corporation (NASDAQ: MPET) (ASX: MGN) reported consolidated net income of $665,000 ($0.02 per share) on gross revenues of $28.2 million for its fiscal year ended June 30, 2009, as compared to a net loss of $8.9 million (loss of $0.21 per share) on revenues of $40.9 million in fiscal 2008. |
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