Magellan Petroleum Corporation operates as an independent oil and gas exploration and production company. The company focuses on the development of liquefied natural gas projects along the United States Gulf Coast. It also owns interests in the Horse Hill-1 well and related licenses in the Weald Basin, onshore the United Kingdom; and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia. Magellan Petroleum Corporation was founded in 1957 and is headquartered in Denver, Colorado.
