Magellan Petroleum Corporation is an independent oil and gas exploration and production company focused on the development of CO2-enhanced oil recovery ('CO2-EOR') projects in the Rocky Mountain region. Historically active internationally, Magellan also owns significant exploration acreage in the Weald Basin, onshore UK, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia, which the Company currently plans to farmout. Our strategy is to enhance shareholder value by maximizing the value of our CO2-EOR business and our international projects. We are committed to efficiently investing financial, technical and management capital in our projects in order to achieve the greatest risk-adjusted value and returns for our shareholders.
Magellan Petroleum Corporation is an independent oil and gas exploration and production company focused on the development of CO2-enhanced oil recovery ('CO2-EOR') projects in the Rocky Mountain region. Historically active internationally, Magellan also owns significant exploration acreage in the Weald Basin, onshore UK, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia, which the Company currently plans to farmout. Our strategy is to enhance shareholder value by maximizing the value of our CO2-EOR business and our international projects. We are committed to efficiently investing financial, technical and management capital in our projects in order to achieve the greatest risk-adjusted value and returns for our shareholders.
Company Details | |
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Company Name | Magellan Petroleum Corporation |
Business Category | Oil & Gas |
Address | 1775 Sherman Street Suite 1950 Denver Colorado United States ZIP: 80203 |
President | Antoine J. Lafargue |
Year Established | 1957 |
Employees | 10 |
Memberships | NA |
Hours of Operation | NA |
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