Tellurian, formerly known as Magellan Petroleum, announced today that it has closed its merger with Tellurian Investments Inc. Tellurian's common stock will continue to trade on the NASDAQ under the new ticker symbol "TELL". As part of finalizing the merger, Tellurian has appointed Antoine Lafargue as chief financial officer. Mr. Lafargue was [...]
Magellan Petroleum today announced that the Company completed the sale of its 50% interests in Petroleum Exploration and Development License 234 in the Weald basin in the U.K. to UK Oil and Gas Investments and settled its litigation with Celtique Energie Weald. On August 11 2016, Magellan Petroleum (UK) Limited, a wholly owned subsidiary of [...]
Magellan Petroleum today announced that Mr. Wilson tendered his resignation as the President and Chief Executive Officer and a director of the Company effective as of August 5, 2016, and the board of directors appointed Mr. Lafargue, the Company's current Chief Financial Officer, as President and CEO. J. Robinson West, Chairman of the board [...]
Magellan Petroleum today announced that it has entered into a definitive merger agreement with Tellurian Investments, a recently formed private company focused on the development of a mid-scale liquefied natural gas facility on the U.S. Gulf Coast. Tellurian is led by Charif Souki, former founder, Chairman, and CEO of Cheniere Energy, Inc. and [...]
Magellan Petroleum today announced that on August 1, 2016, the Company completed the exchange and the other transactions contemplated by the Exchange Agreement dated as of March 31, 2016, between Magellan and One Stone Holdings . J. Thomas Wilson, President and CEO of the Company, commented, "Following the approval of this transaction by our [...]
Magellan Petroleum today announced that its shareholders approved the previously announced strategic exchange transaction at the annual and special meeting of the shareholders held on July 13. On July 13, the Company held an annual and special meeting of the shareholders of the Company during which meeting the shareholders approved the exchange and [...]
Magellan Petroleum today announced the sale of the Company's 50% interests in Petroleum Exploration and Development License 234 in the Weald basin in the UK to UK Oil and Gas Investments PLC and the settlement of its litigation with Celtique Energie Weald for approximately $1.8 million. On June 10 2016, Magellan Petroleum, a wholly owned subsidiary [...]
Magellan Petroleum today announced the sale to Macquarie Bank of all the Company's rights to certain bonus payments related to the Mereenie field located in the Amadeus Basin in Australia for a purchase price of AUD $3.45 million. On May 18, 2016, Magellan entered into and completed a Sale and Purchase Deed with Macquarie to sell to Macquarie all [...]
DENVER, CO--(Marketwired - April 01, 2016) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that it has entered into an exchange agreement with One Stone Holdings II LP ("One Stone") pursuant to which the Company will reacquire all of its Series A convertible preferred stock from One Stone in exchange for the [...]
DENVER, CO--(Marketwired - March 08, 2016) - On March 4, 2016, Magellan Petroleum Corp. ("Magellan" or the "Company") (NASDAQ: MPET) received formal notification from The NASDAQ Stock Market LLC ("NASDAQ") that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company's common stock to maintain a minimum bid price [...]
DENVER, CO--(Marketwired - March 02, 2016) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced updated results of a flow test of the Horse Hill-1 well located in the Weald Basin, onshore UK, which is operated by Horse Hill Development Limited ("HHDL") and in which Magellan has a 35% interest. UK Oil & Gas [...]
DENVER, CO--(Marketwired - February 23, 2016) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced preliminary results of a flow test of the Horse Hill-1 well located in the Weald Basin, onshore UK, which is operated by Horse Hill Development Limited ("HHDL") and in which Magellan has a 35% interest. UK Oil & Gas [...]
+200,00 %
-77,24 %