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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
61398	Magellan Petroleum Corp	MPET	Crude Petroleum & Natural Gas (1311)	060842255

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1468730	V Nikolay Bogachev	9-3 Sechneovsky Pereulok Moscow 1Z RUS-119034		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-11-05	712,085	$0.00	13,612,463	No	4	S	Indirect	See footnote 3

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote 3

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	15,000	Direct

Footnotes

Effective as of November 5, 2010, the reporting person sold his 60.5% indirect equity interest in ECP Fund, SICAV-FIS (the "ECP Fund") (formerly known as YEP I, SICAV-FIS) for an aggregate purchase price of 1,425,115.69 Euros. Accordingly, the reporting person no longer has a pecuniary interst in any of the issuer's shares held by the ECP Fund.
The reporting person beneficially owns 15,000 shares of the issuer's common stock directly and 13,612,463 shares of the issuer's common stock indirectly, which shares are held by Young Energy Prize S.A.
The reported securities are held by the ECP Fund. Effective as of November 5, 2010, the reporting person no longer owns an equity interest in the ECP Fund and thus no longer has a pecuniary interest in any of the issuer's shares held by the ECP Fund.