Magellan Petroleum Corporation (MGN)

Shares / Stock Code

MGN

Stock Exchange / Sharemarket

Australian Securities Exchange

Magellan Petroleum Corporation (MGN) is involved in the exploration for and development of oil and gas reserves. Its subsidiary, Magellan Petroleum Australia Limited (MPAL), owns interests in various oil and gas properties in Australia, New Zealand and the United Kingdom. MGN was listed on the Australian sharemarket (ASX) on 28 April, 2006.

Magellan Petroleum Corporation, through its wholly owned subsidiary, Magellan Petroleum Australia Limited and its majority controlling interest in Nautilus Poplar LLC, is engaged in the sale of oil and gas and the exploration for and development of oil and gas reserves worldwide. The Company engages in oil and gas exploration and production in Australia, the United Kingdom, and North America and has focus areas for conventional oil and gas as well as the developing methanol market in Asia.

Magellan's growth strategy is to actively seek new exploration and acquisition opportunities and to augment its proven and probable reserves and annual sales of 1.5 million barrels of oil equivalent.

Magellan Petroleum Corporation (MGN) Products and Services

  • The Company, primarily through its holding in Magellan Petroleum Australia Limited, is engaged in the sale of oil and gas reserves resulting from exploration

Magellan Petroleum Corporation (MGN) Locations and Subsidiaries

Magellan Petroleum Corporation Head Office
10 Columbus Boulevard, Hartford,
CONNECTICUT, U.S.A., 06106
Phone: (02) 9232 5500
Fax: (02) 9232 5300

Magellan Petroleum Corporation (MGN) Share Price

Submitted by ASX Listed Company on 12 May, 2010 - 22:12

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