Magellan Petroleum Corporation (NASDAQ: MPET) was founded in 1957 and is headquartered in Denver, Colorado. It has 20 full-time employees. It is an independent energy company engaged in oil and gas exploration, extraction, and mining in the United States, the United Kingdom, and Australia. Production and sales.
In February 2017, Magellan Petroleum merged with Tellurian Investments, Inc. to become the new Tellurian Inc. and traded on the Nasdaq under the stock code: TELL. The original MPET is no longer in use.
Magellan Petroleum (MPET):
Magellan Oil is an established and independent energy company engaged in a series of businesses and services such as oil and natural gas exploration, extraction, production and sales. Magellan Corporation conducts business operations mainly through its three wholly-owned subsidiaries:
- Nautilus Poplar LLC owns and operates the Poplar Dome oil field in the Willis Basin in eastern Montana;
- Magellan Petroleum Australia Pty Ltd operates onshore oil and gas fields in Australia and has offshore exploration rights;
- Magellan Petroleum (UK) Limited is located in the Weddell and Wessex basins in the south of the United Kingdom and has a vast area of conventional and unconventional oil and gas production.