Magellan Petroleum Corporation, together with its subsidiaries, engages in the sale of oil and gas, and exploration and development of oil and gas properties. It owns 35% interest in mereenie oil and gas field, 52% interest in Palm Valley Gas Field, and 34% interest in Dingo gas field, located in the Amadeus Basin of the Northern Territory. The company also has 40% working interest in Nockatunga oil fields in the Cooper Basin in southwest Queensland; and holds a 100% interest in exploration permit ATP 613P in the Maryborough Basin in Queensland, Australia, as well as owns 50% interest in Cooper/ Eromanga Basin in South Australia’s Cooper Basin. In addition, it holds...
SEPTEMBER 26, 2011
HOTM )
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PRE - OPEN STOCK WATCH
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S&P futures vs fair value: +14.50. Nasdaq futures vs fair value: +18.50.
Precious metals continue to come under pressure, which is compounding recent losses. Last week gold prices tumbled about 9%. They're down 0.5% to $1631.50 read more
MARCH 08, 2011
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PRE-OPEN STOCK WATCH
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S&P futures vs fair value: -0.20. Nasdaq futures vs fair value: -7.60. Germany's DAX is now down 1.0% after it had started its session in positive read more
Momentum Alert: CHCI http://www.google.com/finance?q=chci CHCI is picking up nice momentum here in the middle of the day. CHCI is up a little over 26% and if you ask me, there is more room for this baby to run, run, run! CHCI has already traded about 7 1/2 times the average volume! **************************************** News Alert: MPET http://www.google.com/finance?q=NASDAQ%3AMPETd MPET released news and it seems the investment community read more