Magellan Petroleum Corporation is one of the leading exploration and production energy companies headquartered in Denver, Colorado. The company is an oil and energy business that operates internationally and is listed as a component of the Wilshire 5000 Index.
The business is traded publicly on the NASDAQ Capital Market and uses the symbol MPET to market its common shares. The focus of the business is the creation of CO2-enhanced oil recovery projects. It has a strong presence in the Rocky Mountain region and in several active plays in the United States. Additionally, as a global player in the energy industry, it has operations in the United Kingdom, in the Weald Basin and in the Bonaparte Basin in Northern Australia.
The operations of the business are represented by its subsidiaries that are specifically working in different geographical areas. Nautilus Poplar LLC operates in the United States, Magellan Petroleum Australia in Australia and Magellan Petroleum Limited in the United Kingdom.
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