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Friday, December 25, 2009, 2:57AM ET - U.S. Markets Closed for Christmas. Dow Up 0.51% Nasdaq Up 0.71%
Magellan Petroleum Corporation (MPET)On Dec 24: 1.66   0.00 (0.00%)  
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Magellan Petroleum Corporation
7 Custom House Street
3rd Floor
Portland, ME 04101
United States - Map
Phone: 207-619-8500
Web Site: http://www.magellanpetroleum.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:30

BUSINESS SUMMARY 
Magellan Petroleum Corporation and its subsidiaries engage in the exploration for, development, production, and sale of oil and gas reserves in Australia and Canada. Its assets include two petroleum production leases covering the Mereenie oil and gas field; one petroleum production lease covering the Palm Valley gas field; five petroleum production leases covering the Nockatunga oil fields; and eighteen licenses in the United Kingdom. The company was founded in 1957 and is based in Portland, Maine.
Key Statistics

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    CORPORATE GOVERNANCE 
    Magellan Petroleum Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 50.2% of CGQ Universe companies and 25.6% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William H. Hastings , 53
    Chief Exec. Officer, Pres
    $ 165.00K $ 0
    Mr. Daniel J. Samela , 61
    Chief Financial Officer, Chief Accounting Officer and Treasurer
    $ 182.00K $ 0
    Mr. Bruce McInnes CA, Bcom, ACA, 57
    Sec. of Magellan Petroleum Australia Limited of Magellan Petroleum Australia Limited
    N/A N/A
    Dr. T. Gwynn Davies BSc, PhD, MAAPG, 63
    Gen. Mang. of Magellan Petroleum Australia Limited
    N/A N/A
    Mr. Edward B. Whittemore Esq.,
    Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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