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Magellan Petroleum Corporation is an independent oil and gas exploration and production company focused on the development of a CO2-enhanced oil recovery ("CO2-EOR") program at Poplar Dome in eastern Montana and the exploration of unconventional hydrocarbon resources in the Weald Basin, onshore UK. Magellan also owns an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, which the Company currently plans to farm-out; and an 11% ownership stake in Central Petroleum Limited (ASX: CTP), a Brisbane based junior exploration and production company that operates one of the largest holdings of prospective onshore acreage in Australia. The Company conducts its operations through three wholly owned subsidiaries corresponding to the geographies in which the Company operates: Nautilus Poplar LLC ("NP") in the US, Magellan Petroleum (UK) Limited ("MPUK"), and Magellan Petroleum Australia Pty Ltd ("MPA"). Our strategy is to enhance shareholder value by maximizing the value of our existing assets. Our portfolio of operations includes several early stage oil and gas exploration and development projects, the successful development of which requires significant capital, as well as significant engineering and management resources. We are committed to investing in these projects to establish their technical and economic viability. In turn, we are focused on determining the most efficient way to create the greatest value and highest returns for our shareholders. Magellan was founded in 1957 and incorporated in Delaware in 1967. The Company`s common stock has been trading on the NASDAQ since 1972 under the ticker symbol "MPET.
Bunker Holding is the parent company of a group of companies specialising in the purchase, sale and supply of fuel and lube oil to ships as well as risk management and associated services. We operate globally with clients in shipping lines and the shipping business. Bunker Holding is represented by 33 own companies worldwide - currently in 23 countries and with more on the way. The local companies and the head office work together in perfect symbiosis, with the local companies contributing with local knowledge and the head office providing capital, systems and know-how.
Metrolight is a Franklin, TN-based company in the Energy and Utilities sector.
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