Filing Details

Accession Number:
0001209191-11-055249
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-09 16:27:33
Reporting Period:
2011-09-23
Filing Date:
2011-11-09
Accepted Time:
2011-11-09 16:27:33
SEC Url:
Form 4 Filing
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
1468752 Thomas J Wilson 720 Emerson Street
Denver CO 80218
President And Ceo Yes Yes 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 Acquisiton 2011-09-23 596,804 $1.52 798,804 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. On September 23, 2011, Mr. Wilson acquired 596,804 newly issued shares of the common stock of Magellan Petroleum Corporation ("Company"), $0.01 par value ("Shares"), pursuant to the Purchase and Sale Agreement between the Company and the members of Nautilus Technical Group LLC ("Nautilus Tech") and Eastern Rider LLC ("ER"). Pursuant to the agreement, the Company acquired all of the membership interests of Nautilus Tech and ER for $4 million, Shares valued at approximately $1.7 million and the potential for certain production payments. Mr. Wilson was a member of Nautilus Tech and the sole member of ER.