Magellan Petroleum Corporation

Magellan Petroleum Corporation is an independent oil and gas exploration and production company headquartered in Denver Colorado.

It is 'focused on the development of a CO2-enhanced oil recovery ("CO2-EOR") program at Poplar Dome in eastern Montana and the exploration of unconventional hydrocarbon resources in the Weald Basin', southwest of London in the United Kingdom.

Partners

• Celtique Energie in the UK

Shareholdings

• Magellan owns an 11% ownership stake in Central Petroleum Limited (ASX: CTP), a Brisbane-based junior exploration and production company that operates one of the largest holdings of prospective onshore acreage in Australia.
• Magellan also owns an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, which the Company currently plans to farm-out.

Contact

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