Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v2.4.0.8
Consolidated Statement of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]    
REVENUE FROM OIL PRODUCTION $ 1,590 $ 2,134
OPERATING EXPENSES:    
Lease operating 1,214 2,316
Depletion, depreciation, amortization, and accretion 255 150
Exploration 422 624
General and administrative 2,389 2,647
Total operating expenses 4,280 5,737
Loss from operations (2,690) (3,603)
OTHER INCOME (EXPENSE):    
Net interest expense 0 (18)
Other income (expense) 63 (60)
Total other income (expense) 63 (78)
Loss from continuing operations (2,627) (3,681)
Loss from discontinued operations, net of tax 0 (1,154)
Gain on disposal of discontinued operations, net of tax 0 0
Net loss from discontinued operations 0 (1,154)
Net loss attributable to Magellan Petroleum Corporation (2,627) (4,835)
Preferred stock dividends (430) (415)
Net loss attributable to common stockholders $ (3,057) $ (5,250)
Loss per common share:    
Weighted average number of basic shares outstanding 45,652,994 45,348,840
Weighted average number of diluted shares outstanding 45,652,994 45,348,840
Basic loss per common share:    
Loss from continuing operations (in dollars per share) $ (0.07) $ (0.09)
Net income (loss) from discontinued operations (in dollars per share) $ 0.00 $ (0.03)
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.07) $ (0.12)
Diluted loss per common share:    
Loss from continuing operations (in dollars per share) $ (0.07) $ (0.09)
Net income (loss) from discontinued operations (in dollars per share) $ 0.00 $ (0.03)
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.07) $ (0.12)