Magellan Petroleum
Oil and GasColorado, United States2-10 Employees
Magellan Petroleum is an independent oil and gas company focused on the exploration, development, production, and sale of crude oil and natural gas. The firm operates through two wholly owned subsidiaries, with assets including the Poplar oil field in the Williston Basin where it holds a 100% operated interest above the Bakken formation and a 35% non-operated stake below that interval. It also owns 100% interests in the Palm Valley and Dingo Fields in the Amadeus Basin, Australia, along with a large exploration license in the Bonaparte Basin in the Timor Sea and substantial acreage in the UK’s Weald and Wessex Basins that are prospective for hydrocarbons. Headquartered in Denver, Colorado, Magellan Petroleum positions itself as an independent energy player with a diversified international footprint across the United States, Australia, the United Kingdom, and nearby basins.