Magellan Energy, Ltd. (MGLG)

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NEVER!! 100% Dead as a doornail!!! Of course the original MGLG shell abandoner was noted in the litigation. Even though the MGLG trading vehicle was completely abandoned by them, they were considered the legal owner of the shell when it was stolen from their possession by the hijackers.

As far as drilling in Tennessee with Magellan Energy, 100% GUARANTEED NOT to happen. Magellan Energy has nothing to do with this defunct shell. They would have to be out of their mind to put any assets in the destroyed scrap of a shell. Did you ever see a filing in the past 6 years (since sec suspension) showing proper registration of this shell between Magellan and the legal owner?? NOT A CHANCE!! The sec suspension cut Magellan's losses. They can freely buy a clean shell that is not permanently grey sheet and wrecked with its grossly tainted corporate body. There is nothing to "come around." It's not going to happen. 6 years of silence since the sec suspension solidifies that fact. PS, the final litigation is long over. Have u seen anyone come back here to play with this horrible liability of a valueless shell? NOPE, never will!

Never say never. I'm confident of my information and the only way this comes back if if the ones who were in charge of the drilling in Tennessee grow a conscience and I pray they do. The one important fact you are missing is that they did receive millions in the court case, and it is public knowledge. Research it you will see. The same names were in the court case that you said abandoned the shell back in the day, so I don't know how you are coming to that conclusion. I'm just hoping and praying this comes around and that those responsible for us will re-claim their responsibilities and ultimately finish what they started in Tennessee