Magellan Petroleum to Present at the 27th Annual ROTH Conference in Laguna Niguel, CA

DENVER, CO--(Marketwired - March 06, 2015) - Magellan Petroleum Corp. ("Magellan" or the "Company") (NASDAQ: MPET) announced today that the Company will be presenting at the 27^th Annual ROTH Conference to be held at The Ritz Carlton hotel in Laguna Niguel, CA, on March 8-11, 2015.

Antoine Lafargue, SVP of Strategy and Business Development and Chief Commercial Officer, is scheduled to present at approximately 12:00 PM PT on Tuesday, March 10. Presentation materials will be available in the Investor Relations section of the Company's website at www.magellanpetroleum.com.

ABOUT MAGELLAN
Magellan Petroleum Corp. is an independent oil and gas exploration and production company focused on the development of CO₂-EOR projects in the Rocky Mountain region. Historically active internationally, Magellan also owns significant exploration acreage in the Weald Basin, onshore UK, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia, which the Company currently plans to farmout. Our strategy is to enhance shareholder value by maximizing the value of our CO₂-EOR business and our international projects. We are committed to efficiently investing financial, technical, and management capital in our projects in order to achieve the greatest risk-adjusted value and returns for our shareholders. Magellan routinely posts important information about the Company on its website at www.magellanpetroleum.com.