Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Stockholders' Equity

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Consolidated Statement of Stockholders' Equity (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Jun. 30, 2012
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 68,863 $ 72,908
Net income (loss) attributable to Magellan Petroleum Corporation (5,310)  
Foreign currency translation adjustments 941  
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Shares, Beginning Balance 52,455,977  
Unrealized holding gain (loss) on securities available for sale, net of taxes (22)  
Stock and stock based compensation 346  
Shares, Ending Balance 53,835,594  
Common Stock
   
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 539 538
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Stock and stock based compensation 1  
Capital in Excess of Par Value
   
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 91,098 90,753
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Stock and stock based compensation 345  
Accumulated Deficit
   
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (34,900) (29,590)
Net income (loss) attributable to Magellan Petroleum Corporation (5,310)  
Accumulated Other Comprehensive Income
   
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12,126 11,207
Foreign currency translation adjustments 941  
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Unrealized holding gain (loss) on securities available for sale, net of taxes $ (22)