Current MPET Stock Info

Tellurian+Magellan merger is expected to close Q4
On October 11, Magellan Petroleum (ticker: MPET) filed an S-3 Registration Statement with the SEC paving the way to sell up to $500 million in common stock, warrants and units, the proceeds to be used for general corporate purposes for the company which is moving toward LNG development.


Magellan’s previously announced reverse merger with privately held Tellurian Investments, the Charif Souki (former Cheniere Energy CEO) and Martin Houston (former BG COO) LNG development venture...

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