I just heard about this company, as I got an email about a report filed on it. Doesn't look good going forward. The share count is going to go up to close to 160 million! And there's been a lawsuit filed.

http://www.thestreetsweeper.org/undersurveillance/Magellan_Petroleum__MPET____3_Billion_Valuation__Indefensible_

Any financials / presentation / guidance on Tellurian available?

Super low float > 5M shares.

Game on soon....closing expected in q4.

MPET bullish 6.27



normal chart


log chart

MPET bullish 5.99



normal chart


log chart

MPET bullish 5.3237



normal chart


log chart

It looks like he is right too.

Your obviously short.

Your obviously short.

7% of tellurian at its current valuation.

Current MPET holders will account for 5% of the total shares of MPET after the merger. The Tellurian folks will have the balance of the shares. Its one common stock not 2 books of common!!!

2 years out this will be a multi-billion $$$ company. Mark this post.

Look at Cheniere and its history.

MPET falls below MA-20 and enthusiasm begins to wear off. Investors concerned about valuation wisely take profits.

New CEO buy-in values MPET at $1.21

From Bloomberg (http://www.bloomberg.com/news/articles/2016-08-31/ex-cheniere-executive-meg-gentle-rejoining-souki-at-lng-venture):

"Gentle, 42, was named president and chief executive officer of Tellurian Investments Inc., a firm established by Souki and former BG Group Plc executive Martin Houston to develop liquefied natural gas projects, according to a statement Wednesday. She will invest $10 million in the company for a stake of about 7 percent and will remain CEO after its merger with Magellan Petroleum Corp., a transaction expected to close in the fourth quarter, Souki said in an interview before the announcement."

That's $10m for a 7% stake in Tellurian, valuing Tellurian at $143m.

MPET shareholders will own 5% of the combined company after the reverse merger (see: http://www.magellanpetroleum.com/media-center/press-releases/detail/371/magellan-announces-strategic-merger-and-enters-the-lng).

5% of $143m is a $7.14m valuation for MPET. With 5.88m shares outstanding (according to Yahoo Finance), that's a valuation of $1.21 per share.

Even if we are to believe the new CEO was allowed to invest at a small discount (which is possible), Tellurian management themselves don't seem to be placing a high dollar value on MPET. Somewhere south of $1.50, by my math.

Anyone see a flaw in my calculations?

New President & CEO of Tellurian/MPET named:

http://www.bloomberg.com/news/articles/2016-08-31/ex-cheniere-executive-meg-gentle-rejoining-souki-at-lng-venture

Profit takers. Buyers sitting on the sidelines; expected behavior.

Hope your right scooter

GREEN what else

What's in store for Monday??? Any clue?

Target reached but holding JIC it pulls a REN.

GLTA
trendtrade2016

* * $MPET Video Chart 08-11-16 * *

Link to Video - click here to watch the technical chart video

big move here on its way to 7.00.

GLTA
trendtrade2016

This weekly trend ready to break new highs.

GLTA
trendtrade2016

Lol

This weekly trend still has legs, will it pull a REN. Lets go MPET

GLTA
Trendtrade2016

Wonder if insiders are buying the magellan stock to keep a controling interest. IMHO; Charif wont want another Ichan type coming in and messing with his game.....this could go to 10 prior to the merger.

super trend bringing in the volume here.look for possible 5.00 retest

GLTA
Trendtrade2016

weekly trend play breaking crucial 4.00 trigger.

GLTA
trendtrade2016

Reserach Charif and Cheniere energy. He will make this another Cheniere. Early opportuity; JMO from Houston Texas!

Chart Analysis *MPET*

http://www.shortmetina.com/charts-of-the-week.html

* * $MPET Video Chart 08-03-16 * *

Link to Video - click here to watch the technical chart video

What's moving this!

Got in at 3.73... Boy i lost out

OIL is shifting to a intraday trend not a true sector trend.

GLTA
Trendtrade2016

This ticker shifting into weekly trend mode. possible REN type move

GLTA
trendtrade2016

Nice big pop congrats to all in is there a halt?

Alright shareholders, crude oil is over $41 dollars a barrel, lets get MPET pps moving higher at lease back over $1.00 and up.

Let's go MPET!!

Hummmm what do we have here....
.75 and climbing? maybe a pull back to .60?

Magellan Petroleum (NASDAQ:MPET) says it formed a committee to consider strategic alternatives potentially available to the company, including sales of some or all of the assets of the company, joint ventures, a recapitalization, or a sale or merger.

$MPET recent news/filings

bullish
bullish divergence
bullish volume
pipe reversal

## source: finance.yahoo.com

Wed, 08 Apr 2015 12:03:17 GMT ~ Coverage initiated on Magellan Petroleum by Noble Financial


read full: http://finance.yahoo.com/q/ud?s=MPET
*********************************************************

Tue, 07 Apr 2015 10:00:00 GMT ~ Magellan Concludes Poplar CO2-EOR Pilot a Technical Success and Provides Update on Utah CO2 Option

[Marketwired] - Magellan Petroleum Corporation today announced that it has concluded that the CO2-enhanced oil recovery pilot project at Poplar has been a technical success, and demonstrates...

read full: http://finance.yahoo.com/news/magellan-concludes-poplar-co2-eor-100000725.html
*********************************************************

Fri, 06 Mar 2015 11:09:51 GMT ~ Magellan Petroleum to Present at the 27th Annual ROTH Conference in Laguna Niguel, CA

[at noodls] - DENVER, CO -- (Marketwired) -- 03/06/15 -- Magellan Petroleum Corporation ("Magellan" or the "Company") (NASDAQ: MPET) announced today that the Company will be presenting at the 27th ...

read full: http://www.noodls.com/view/EE0AC45AFCFE8B4BE04D05773F95C4EEF533CBFB
*********************************************************

Fri, 06 Mar 2015 11:00:00 GMT ~ Magellan Petroleum to Present at the 27th Annual ROTH Conference in Laguna Niguel, CA

[Marketwired] - Magellan Petroleum Corporation announced today that the Company will be presenting at the 27th Annual ROTH Conference to be held at The Ritz Carlton hotel in Laguna Niguel, CA, on March 8-11, 2015.Antoine......

read full: http://finance.yahoo.com/news/magellan-petroleum-present-27th-annual-110000007.html
*********************************************************

Thu, 19 Feb 2015 18:04:15 GMT ~ MAGELLAN PETROLEUM CORP /DE/ Financials


read full: http://finance.yahoo.com/q/is?s=mpet
*********************************************************

$MPET charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$MPET company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/MPET/company-info
Ticker: $MPET
OTC Market Place: Not Available
CIK code: 0000061398
Company name: Magellan Petroleum Corp.
Company website: http://www.magpet.com
Incorporated In: DE, USA

$MPET share structure

## source: otcmarkets.com

Market Value: $27,877,675 a/o Apr 09, 2015
Shares Outstanding: l PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">; OTC Markets | Official site of the OTCQX, OTCQB and OTC Pink Marketplaces featuring Free Stock & Bond Quotes, Trade Prices, Chart, Financials and Company News & Information for Investors, Companies and Traders - OTCMarkets.com var appSection = "" ; var tierGroupId = undefined; var symbol = "MPET"; var jq191 = $.noConflict(true); var appNav = new OTCMarketsAppNav(); var iqCaller = new OtcIQCalls(); var commonCaller = new PinkCommonCalls(); var contentCaller = new PinkContentCalls(); var edgarCaller = new PinkEdgarCalls(); var decorateSymbols = new SymbolDecorator(commonCaller); height="0" width="0" style="display:none;visibility:hidden"> (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= '//www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer',"GTM-N65JXN"); OTC Markets Home Marketplaces Market Activity Current Market Closing Summary Broker Dealer Data Corporate Actions Short Sale Data Reg SHO Data News Company News & Financials Press Releases Videos & Presentations RSS Feeds OTC Markets Events OTC Markets Newsletter OTC Markets Press Center Services Companies Investors Market Data Trading Research Stock Screener OTCQX Company List Company Directory Service Provider Directory OTCQX Advisor List Broker Dealer Directory Prohibited Attorney List Symbology Glossary Learn Our Marketplaces Market 101 Investor Protection Reporting Requirements American Depositary Receipts (ADRs) Apply for OTCQX - Our Best Marketplace Comply with New OTCQB Requirements Information for OTC Pink Companies How to Get Traded Caveat Emptor Policy FINRA & SEC Rules Whitepapers FAQs tierTitle = getTierTitle(undefined); Company Directory | Stock Screener OTC Market Totals - Securities - Dollar Volume - Share Volume - Trades var glossaryDecorator = new GlossaryDecorator (contentCaller) ; $('p').each (function () { var glossaryId = $(this).attr('glossaryId'); if (glossaryId) this.psGlossaryId=glossaryId; }); if (document.getElementById('p')) glossaryDecorator .doSection (document.getElementById ('p')); $('#quoteEntry input#quoteBox').focus(function() { toggleFieldValue(this, 'Enter Symbol/Company Name', ''); }).blur(function() { toggleFieldValue(this, '', 'Enter Symbol/Company Name'); }); var security = new SecurityInfo(20415, 16102, "Magellan Petroleum Corp.", "MAGELLAN PETE CORP V T C", "MPET", "Nasdaq", false, false, undefined, "Common Stock", undefined, undefined, false, false, true, false, 0.010000000000000, "0.01", undefined, false, 1.0, undefined); var symbolSecurity = (security.symbol)? security.symbol:security.secId; var initNewsId = undefined; var glossaryDecorator = new GlossaryDecorator (contentCaller) ; Quote Charts Company Profile News Financials Filings and Disclosure Short Sales Insider Disclosure Research Reports Videos and Presentations MPET Magellan Petroleum Corp. Common Stock Nasdaq function doOTCQX30Logo(url) { var CONSTITUENTS_DATA; if ($.browser.msie) { var http = new XDomainRequest(); http.open("get", url); http.onload = function() { var data = http.responseText; if (typeof data === "undefined") return; CONSTITUENTS_DATA = JSON.parse(data); displayIndexLogo(CONSTITUENTS_DATA); }; http.send(null); } else { $.ajax({ type : "GET", url : url, data : {}, success : function(data) { if (typeof data === "undefined") return; CONSTITUENTS_DATA = JSON.parse(data); displayIndexLogo(CONSTITUENTS_DATA); } }); } } function displayIndexLogo(constituents) { if (typeof constituents === undefined) { if (console && console.log) { console.log("Unable to load constituents."); } } var result = $.grep(constituents, function(e){ return e.ticker == security.symbol; }); if (result.length > 0) { $('.tierLogoContainer a').attr('href', '/index/.OTCQX30/quote'); $('.tierLogo').attr('src', '/content/doc/otcm/tier/logo/small/otcqx30.png'); $('.tierLogo').attr('alt','OTCM QX ADR 30 Index Constituent'); $('.tierLogo')[0].psGlossaryId='otcqx30-constituent'; handler.decorateGlossary(); } } var json_url = "http://s3.amazonaws.com/content.otcmarkets.com/constituents/otcqx_30_list.json";; doOTCQX30Logo(json_url); var handler = new QuoteHandler(); handler.checkCaveat(); var tradeHeaderHandler; if (!window.location.href.match('quote')) tradeHeaderHandler = new TradeHeaderHandler(iqCaller, window.document.getElementById('quoteBar')); if (security.symbol == null || security.symbol.length == 0) { $('#quoteUnderArrowTabs li.eqOnly').hide(); } $('img').each(function () { var glossaryId = $(this).attr('glossaryId'); if (glossaryId) this.psGlossaryId = glossaryId; }); handler.decorateGlossary(); $("#title").html('Company Info'); var shortDesc = undefined; var longDesc = undefined; function toggleFullDescription(full) { if (full) { $("#businessContent p").html(longDesc); }else { $("#businessContent p").html(shortDesc); } } Contact Info 10 Columbus Boulevard Hartford, CT 06106 Website: http://www.magpet.com Phone: 860-293-2006 Business Description Not Available Update Company Profile Financial Reporting/Disclosure Reporting Status U.S. Reporting: SEC Filer
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01

$MPET extra dd links

Company name: Magellan Petroleum Corp.
Company website: http://www.magpet.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/MPET/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/MPET/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=MPET+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=MPET+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=MPET+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/MPET/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/news - http://finance.yahoo.com/q/h?s=MPET+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/MPET/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/MPET/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/MPET/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/MPET/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/MPET/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/MPET/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/MPET/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=MPET+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/MPET
DTCC (dtcc.com): http://search2.dtcc.com/?q=Magellan+Petroleum+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Magellan+Petroleum+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Magellan+Petroleum+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.magpet.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.magpet.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.magpet.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/MPET/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/MPET
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/MPET/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/MPET/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/MPET/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000061398&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/MPET/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/MPET/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=MPET&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=MPET
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=MPET+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=MPET+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=MPET
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=MPET
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=MPET+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/MPET/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=MPET+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/MPET.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=MPET
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/MPET/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/MPET/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/MPET/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/MPET/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/MPET
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/MPET
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/MPET:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=MPET
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=MPET



$MPET DD Notes ~ http://www.ddnotesmaker.com/MPET

MPET .60 premarket, some vol

MPET .60 did my job@

MPET .45 +23% from .35 open

MPET .37 energy name seeing bounce w oil rise. Target .60

Whoa! What happened to MPET? Got out in Jan but just noticed this huuuuge drop.

$MPET: http://thebagholderdiaries.blogspot.com/2015/04/mpet-shares-spiral-downward-again-35.html

$MPET load time. Should go down further here.
News 3 hrs ago 12/31/14

Oil Prices Hit Again

Source: Dow Jones News
LONDON--The rout in oil markets continued into the last day of the year as weaker Chinese economic data and a buildup in U.S. crude stockpiles fueled the bearish sentiment that drove prices off a cliff in 2014.

The selloff that started midsummer wiped off nearly half of oil's value amid growing concerns of global oversupply coupled with lackluster demand. Oil prices are set for their biggest annual loss since the recession in 2008.

Brent crude futures shed as much as 1.8%, falling to $56.87 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February traded at $53.51 a barrel, down more than 1% in the electronic session.

"It's difficult to see what will turn the market," said David Wech at JBC Energy. "Most news coming in is relatively bearish and an upside to prices looks unlikely anytime soon."

On Wednesday, China's factory data showed more sluggishness, with the final reading of the HSBC Manufacturing Purchasing Managers' Index at 49.6 in December, down from 50 in November. A sub-50 figure indicates contraction.

China is the world's second-largest consumer of oil and its manufacturing sector accounts for a big chunk of its fuel consumption.

Investors are bracing for data later on Wednesday from the U.S. Department of Energy that could show a net drop of 600,000 barrels in U.S. oil stockpiles, according to the market forecast.

Late Tuesday, however, the American Petroleum Institute said in its report that weekly total U.S. crude stockpiles rose by 760,000 barrels.

The surge in U.S. crude production, fueled by a boom in shale oil, has been adding to the global glut. Analysts estimate that the global crude market is currently running a surplus of 2 million barrels a day.

Speculators cut their net-long position in WTI oil in the week ended Dec. 23, the first reduction in four weeks, according to data from the U.S. Commodity Futures Trading Commission.

According to Mr. Wech, increased summer demand and the impact of lower prices which are squeezing shale producers will eventually balance the market.

"But the balancing will take time, perhaps not before the middle of the second quarter of 2015," Mr. Wech said. "The market will get worse before it gets better."

Nymex reformulated gasoline blendstock for January--the benchmark gasoline contract--fell 1.4% to $1.4338 a gallon, while ICE gasoil for January changed hands at $521.25 a metric ton, down $4.50 from Tuesday's settlement.

Eric Yep contributed to this article.

Write to Georgi Kantchev at georgi.kantchev@wsj.com

Roth Capital Maintains Buy On Magellan Petroleum As CO2 Source Creates Opportunities http://www.smarteranalyst.com/2014/12/05/roth-capital-maintains-buy-on-magellan-petroleum-as-co2-source-creates-opportunities/

Getting Fergusoned.

Interesting decision

Was Seeking Alpha