| (Values in U.S. Thousands) | Dec, 2016 | Sep, 2016 | Jun, 2016 | Mar, 2016 | Dec, 2015 |
| Sales | -9,999,000 | 0 | -1,200 | 0 | 570 |
| Sales Growth | unch | +100.00% | unch | -100.00% | -12.31% |
| Net Income | -9,999,000 | -1,370 | 1,360 | -14,520 | -1,370 |
| Net Income Growth | -729,754.01% | -200.74% | +109.37% | -959.85% | +55.08% |
Magellan Petroleum (MPET)
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MAGELLAN PETROLEUM CORP. is engaged directly and through its majority-owned subsidiary, in the sale of oil and gas and the exploration for and development of oil and gas reserves. At June 30, 1996, Co.'s principal asset was a 50.7% equity interest in its subsidiary, Magellan Petroleum Australia Limited.