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Magellan Petroleum (MPET) 5.47 $MPET Meg Gentle

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Post# of 273322
Posted On: 09/03/2016 9:13:04 AM
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Posted By: Stock_Tracker
Magellan Petroleum (MPET) 5.47 $MPET

Meg Gentle Named as President and Chief Executive Officer of Tellurian Investments; Joining Charif Souki and Martin Houston to Build a Liquefied Natural Gas Powerhouse
BusinessWire - Wed Aug 31, 7:00AM CDT
Charif Souki and Martin Houston announced today that Meg Gentle has joined Tellurian Investments as President and Chief Executive Officer, and a member of the Board of Directors. Gentle has also made an $10 million private investment in Tellurian. Gentle recently left Cheniere Energy, where she served as Executive Vice President of Marketing, based in London, England.
MPET: 5.47 (-0.46)

Magellan Closes Sale of Central Weald Assets
Marketwire Canada - Mon Aug 15, 5:00AM CDT
DENVER, CO --(Marketwired - August 15, 2016) - Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced that the Company completed the sale of its 50% interests in Petroleum Exploration and Development License ("PEDL" 234 in the Weald basin in the U.K. to UK Oil and Gas Investments PLC ("UKOG" and settled its litigation with Celtique Energie Weald Limited ("Celtique".
MPET: 5.47 (-0.46)

Magellan Appoints New Chief Executive Officer
Marketwired - Mon Aug 08, 5:00AM CDT
DENVER, CO--(Marketwired - August 08, 2016) - Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced that Mr. Wilson tendered his resignation as the President and Chief Executive Officer ("CEO" and a director of the Company effective as of August 5, 2016, and the board of directors appointed Mr. Lafargue, the Company's current Chief Financial Officer, as President and CEO.
MPET: 5.47 (-0.46)

Magellan Announces Strategic Merger and Enters the LNG Business
Marketwire Canada - Wed Aug 03, 5:00AM CDT
Tellurian Co-founders Charif Souki to Become Chairman, Martin Houston President
MPET: 5.47 (-0.46), LNG: 43.65 (+0.98)

Magellan Completes Strategic Exchange Transaction
Marketwire Canada - Tue Aug 02, 5:01AM CDT
DENVER, CO--(Marketwired - August 02, 2016) - Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" today announced that on August 1, 2016, the Company completed the exchange and the other transactions contemplated by the Exchange Agreement dated as of March 31, 2016, between Magellan and One Stone Holdings II LP ("One Stone".
MPET: 5.47 (-0.46)

Magellan Sells Its Weald Basin Acreage and Settles Litigation
Marketwired - Mon Jun 13, 5:00AM CDT
DENVER, CO--(Marketwired - June 13, 2016) - Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced the sale of the Company's 50% interests in Petroleum Exploration and Development License ("PEDL" 234 in the Weald basin in the UK to UK Oil and Gas Investments PLC ("UKOG" and the settlement of its litigation with Celtique Energie Weald Limited ("Celtique" for approximately $1.8 million.
MPET: 5.47 (-0.46)

Magellan Sells Mereenie Bonus Rights
Marketwired - Thu May 19, 5:00AM CDT
DENVER, CO--(Marketwired - May 19, 2016) - Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced the sale to Macquarie Bank Limited ("Macquarie" of all the Company's rights to certain bonus payments related to the Mereenie field located in the Amadeus Basin in Australia for a purchase price of AUD $3.45 million.
MPET: 5.47 (-0.46)

Magellan Enters Into Strategic Exchange Transaction
Marketwired - Fri Apr 01, 5:00AM CDT
Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced that it has entered into an exchange agreement with One Stone Holdings II LP ("One Stone" pursuant to which the Company will reacquire all of its Series A convertible preferred stock from One Stone in exchange for the Company's 100% interest in Nautilus Poplar LLC, which owns the oil and gas leases that cover the Poplar field and certain other assets and liabilities (the "Transaction". The Transaction was negotiated and approved by the Special Committee of the Board of Directors of Magellan.
MPET: 5.47 (-0.46)

Magellan Petroleum Regains Compliance With NASDAQ Listing Requirements
Marketwired - Fri Jul 31, 5:00AM CDT
On July 27, 2015, Magellan Petroleum Corporation ("Magellan" or the "Company" (NASDAQ: MPET) (ASX: MGN) received formal notification from the NASDAQ Stock Market LLC ("NASDAQ" that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company to maintain a minimum closing bid price of $1.00 per share. NASDAQ staff made this determination of compliance after the Company's bid price closed above $1.00 per share for the prior 10 consecutive business days.
MPET: 5.47 (-0.46), MGN: 1.28 (+0.04)

Magellan Announces 1-for-8 Reverse Stock Split
Marketwired - Fri Jul 10, 11:28AM CDT
Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced that it will effect a 1-for-8 reverse stock split of its common stock. At a special meeting of the Company's stockholders held earlier today, the stockholders approved an amendment to the Company's certificate of incorporation to effect the reverse stock split at a ratio determined by the Company's Board of Directors within a ratio of not less than 1-for-3 and not greater than 1-for-10. The Board approved the implementation of a reverse stock split and determined the appropriate reverse stock split ratio to be 1-for-8. The 1-for-8 reverse stock split will be effective as of the close of business on July 10, 2015, and the Company's common stock will begin trading on a split-adjusted basis on Monday, July 13, 2015.
MPET: 5.47 (-0.46)

Magellan Announces Formation of Special Committee to Review Strategic Alternatives
Marketwired - Mon Jul 06, 5:00AM CDT
Magellan Petroleum Corporation (NASDAQ: MPET) ("Magellan" or the "Company" today announced the formation of a special committee of independent members of the Board of Directors of the Company (the "Special Committee" to consider various strategic alternatives potentially available to the Company. The formation of the Special Committee is not in response to any proposal received by the Company or an approach by a third party.
MPET: 5.47 (-0.46)



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