UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC
FILE NO.: 1-5507
CUSIP
NO.: 55909301
(CHECK
ONE):
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þ Form 10-K
o Form 20-F
o Form 11-K
o Form 10-Q
o Form 10-D
o Form N-SAR
o Form N-CSR
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FOR PERIOD ENDED: |
June 30, 2007 |
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OR |
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o TRANSITION REPORT ON FORM 10-K |
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o TRANSITION REPORT ON FORM 20-F |
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o TRANSITION REPORT ON FORM 11-K |
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o TRANSITION REPORT ON FORM 10-Q |
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o TRANSITION REPORT ON FORM N-SAR |
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FOR THE TRANSITION PERIOD ENDED:
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Nothing in this form shall be construed to imply that the Commission has verified
any information contained herein.
If the
notification relates to a portion of the filing checked above, identify the item(s) to which
the notification relates:
PART I — REGISTRANT INFORMATION
Full Name
of Registrant: Magellan Petroleum Corporation
Address of
Principal Executive Office: 10 Columbus Boulevard, Hartford, CT 06106
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
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| þ (A)
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The reason described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense;
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The subject annual report, semi-annual report, transition report on Form 10-K,
Form 20-F, 11-K, Form N-SAR or Form N-CSR,
or portion thereof, will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly report or transition report on
Form 10-Q or subject distribution report on Form 10-D, or portion thereof,
will be filed on or before the fifth calendar day following the prescribed due date; and
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The accountant’s statement or
other exhibit required by Rule 12b-25(c) has been attached if
applicable. |
PART III — NARRATIVE
Magellan Petroleum
Corporation is unable to file its annual report on Form 10-K with the
Securities and Exchange Commission on or before September 28, 2007 because it is unable to
complete the preparation of its consolidated financial statements by the September 28, 2007
filing date without unreasonable effort or expense.
PART IV — OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
Daniel J.
Samela
(860) 293-2006
(2) Have all other
periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding 12 months or for such shorter
period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
þ Yes o No
(3) Is it anticipated that
any significant change in results of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
o Yes
þ No
If so,
attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
Magellan Petroleum Corporation
(Name of Registrant as Specified in Its Charter)
has
caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
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By |
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/s/ Daniel J. Samela |
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Daniel J. Samela |
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President and Chief Executive
Officer, Chief
Financial and Accounting Officer
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Date: October 1,
2007