Magellan Petroleum Corp.

DENVER, CO--(Marketwired - July 10, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that it will effect a 1-for-8 reverse stock split of its common stock. At a special meeting of the Company's stockholders held earlier today, the stockholders approved an amendment to the Company's certificate of [...]

DENVER, CO--(Marketwired - July 06, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced the formation of a special committee of independent members of the Board of Directors of the Company (the "Special Committee") to consider various strategic alternatives potentially available to the Company. The [...]

DENVER, CO--(Marketwired - July 02, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced the amendment of the senior secured revolving loan facility (the "Revolving Loan Facility"), which Nautilus Poplar LLC ("Nautilus"), a wholly owned subsidiary of Magellan, entered into on September 17, 2014 with West [...]

DENVER, CO--(Marketwired - June 22, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today provided updates on several of its projects. Poplar Magellan has completed a detailed reservoir engineering study using data from the CO2-enhanced oil recovery ("CO2-EOR") pilot, and with the results of that study has estimated [...]

DENVER, CO--(Marketwired - June 11, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that its Board has appointed Antoine J. Lafargue as the Company's new Senior Vice President - Chief Financial Officer, Treasurer, and Corporate Secretary effective June 19, 2015, which is the effective date of the [...]

DENVER, CO--(Marketwired - May 12, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today provided an update on the Horse Hill-1 well ("HH-1") and PEDL 137, in which it owns a 35% direct working interest. On May 11, 2015, UK Oil & Gas Investments PLC ("UKOG"), an interest owner in HH-1 and PEDL 137, announced that Xodus [...]

Magellan Petroleum today commented on certain recent announcements made by its partners in the Horse Hill-1 well in southern England.  On April 9, 2015, UK Oil & Gas Investments, an approximately 31% indirect owner of HH-1, announced that HH-1 is estimated to have "a total oil in place ('OIP') of 158 million barrels ('MMBO') per square mile [...]

DENVER, CO--(Marketwired - April 07, 2015) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that it has concluded that the CO2-enhanced oil recovery ("CO2-EOR") pilot project at Poplar (the "Pilot") has been a technical success, and demonstrates that the CO2-EOR technique is a technically viable tertiary [...]

DENVER, CO--(Marketwired - March 06, 2015) - Magellan Petroleum Corp. ("Magellan" or the "Company") (NASDAQ: MPET) announced today that the Company will be presenting at the 27th Annual ROTH Conference to be held at The Ritz Carlton hotel in Laguna Niguel, CA, on March 8-11, 2015.Antoine Lafargue, SVP of Strategy and Business Development and Chief [...]

DENVER, CO--(Marketwired - February 11, 2015) - Magellan Petroleum Corp. ("Magellan" or the "Company") (NASDAQ: MPET) announced today that the Company will be presenting at EnerCom's The Oil & Service Conference? 13 to be held in San Francisco, California, at the Omni San Francisco hotel on February 18-19, 2015.Matthew Ciardiello, Chief Financial [...]