Magellan Petroleum Corp.

DENVER, CO--(Marketwired - December 22, 2014) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that its partners in the Horse Hill-1 well ("HH-1") in southern England have reported a conventional discovery in the Upper Portland sandstone and have materially revised upward their P50 estimate of original oil in [...]

DENVER, CO--(Marketwired - December 03, 2014) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced that it has, through an affiliated entity, acquired an option to acquire a large CO2 reservoir called Farnham Dome located in Carbon County, Utah.  Pursuant to the agreement, the seller, Savoy Energy, LLC, has [...]

DENVER, CO--(Marketwired - November 06, 2014) - Magellan Petroleum Corp. (NASDAQ: MPET) ("Magellan" or the "Company") today announced, effective October 31, 2014, the promotion of Antoine J. Lafargue to the position of Senior Vice President of Strategy and Business Development and Chief Commercial Officer and the promotion of Matthew R. Ciardiello [...]

DENVER, CO--(Marketwired - October 16, 2014) - Magellan Petroleum Corp. ("Magellan" or the "Company") (NASDAQ: MPET) today announced that on October 10, 2014, the Company entered into an Options and Stock Purchase Agreement (the "Agreement") to repurchase 250,000 shares and options to acquire 1,512,500 shares of Magellan's common stock from William [...]

Magellan Petroleum today announced that the Company's upcoming annual meeting of shareholders will be held at 10:00 a.m. Eastern Time on December 11, 2014, at the Four Points by Sheraton hotel located at 4343 Collins Avenue, Miami Beach, Florida. In addition, the Company announced that the Board of Directors has fixed October 20, 2014, as the [...]

Magellan Petroleum today provided an update on the status of the Company's CO2-enhanced oil recovery pilotat Poplar Dome. The Company has been continuously injecting volumes of CO2 into the B-2 zone of the Charles Formation through the EPU 202-IW well since August 29, 2014. Since then, downhole pressure in the Injector Well has remained stable and [...]

Magellan Petroleum today provided an update on the status of drilling at the Horse Hill-1 well in the Weald Basin, onshore UK. The well spudded on September 3, 2014, and surface casing has been set and cemented to a depth of 84 ft. Drilling on the intermediate section of the wellbore is expected to commence imminently, and, approximately six weeks [...]

Magellan announced today that drilling operations on the Horse Hill-1 well commenced on September 3, 2014. The well is expected to be drilled to a depth of approximately 8,700 feet and to test a number of Jurassic-aged conventional stacked oil formations, including the Portland Sandstone, Corallian Sandstone, and Great Oolite formations, and a [...]

Magellan Petroleum announced today that the Company will be presenting at EnerCom's The Oil & Gas Conference® 19 to be held in Denver, Colorado, at the Westin Denver Downtown hotel from August 17-21, 2014. Antoine Lafargue, Chief Financial Officer, is scheduled to present at approximately 3:35 PM MT (5:35 PM ET) on Monday, August 18. Presentation [...]

Magellan Petroleum announced today that on July 16, 2014, C. Mark Brannum notified Magellan of his resignation from the position of Vice President -- General Counsel and Secretary in order to pursue another employment opportunity. The effective date of Mr. Brannum's resignation will be August 15, 2014. As a result of his resignation, the Company [...]