Reading an article on there as well. Magellan Petroleum Corp. (NYSE:MPET), is a small oil and gas play with a market cap of about $100 million, $33M and no debt. It's nice to see a micro-cap O&G company that has very little debt and a lot of cash.
This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so do your own due diligence before and consult a licensed professional making any decisions.
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