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United States

Magellan Petroleum Corp (MPET.PH)

MPET.PH on Philadelphia Stock Exchange

5.80USD
5 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Magellan appoints new Chief Executive Officer
Monday, 8 Aug 2016 06:00am EDT 

Magellan Petroleum Corp : Magellan appoints new Chief Executive Officer . Says Lafargue appointed CEO and president .Wilson tendered his resignation as president and Chief Executive Officer.  Full Article

Magellan Petroleum to enter the LNG business
Wednesday, 3 Aug 2016 06:00am EDT 

Magellan Petroleum Corp : Entered into merger with Tellurian Investments Inc, a private co focused on development of mid-scale LNG on U.S. Gulf coast . Announces strategic merger and enters the LNG business . Board of directors of each company has unanimously approved terms of agreement . Magellan will issue about 122 million shares of common stock to Tellurian shareholders . Tellurian is led by Charif Souki, former founder, chairman, CEO of Cheniere Energy and Martin Houston, former COO of BG Group Plc .Each share of Tellurian will be converted into right to receive 1.30 shares of Magellan.  Full Article

Magellan Petroleum shareholders approve strategic exchange transaction
Tuesday, 19 Jul 2016 06:00am EDT 

Magellan Petroleum Corp : Magellan shareholders approve strategic exchange transaction .Working with one stone to obtain consents required to permit closing of exchange transaction, should occur toward end of July 2016.  Full Article

Magellan sells its Weald Basin acreage and settles litigation
Monday, 13 Jun 2016 06:00am EDT 

Magellan Petroleum Corp : Sale of company's 50% interests in PEDL 234 in Weald Basin in UK to UK Oil And Gas Investments PLC . Announced settlement of its litigation with celtique energie weald limited ("celtique") for approximately $1.8 million .Magellan sells its weald basin acreage and settles litigation.  Full Article

Magellan Petroleum Corp appoints new CFO
Thursday, 11 Jun 2015 06:10am EDT 

Magellan Petroleum Corp:Appointed Antoine J. Lafargue as the company's new Senior Vice President - Chief Financial Officer, Treasurer, and Corporate Secretary effective June 19.It is alos the effective date of the previously reported resignation of Matthew R. Ciardiello as Vice President - Chief Financial Officer, Treasurer, and Corporate Secretary.  Full Article

BRIEF-Magellan Petroleum files for stock shelf of up to $500 mln

* Files for stock shelf of up to $500 million - sec filing Source text (http://bit.ly/2dvy1Un) Further company coverage: