Magellan Energy, Ltd. (MGLG)

[FtpBandit]

I just spoke with Karen and she said the company has said a PR this week. They want the PR to coincide with the website update and that is why it isn't out yet. She said she is going to call mgt. and see if they can release the PR and do the website update in a few days if it isn't finished yet.

She said the mood was positive at Magellan and some great things are happening in TENN. right now with the new power plant comming online in 2011.

She also said if she doesn't answer your call it is because she is on the phone with the other share holders and she can't return any calls because everytime she empties her VM and she gets another call it fills right back up again.

Hope this helps