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Income Statement
Balance Sheet
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MPET Balance Sheet

Click line-items for a historical chart and %
Cash and cash equivalents 892K
Accounts receivable trade (net of allowance for doubtful accounts of $0 and $66,702 at September 30, 2011 and at June 30, 2011 respectively)
Accounts receivable working interest partners
Deposit on Evans Shoal
Marketable securities
Securities available-for-sale (at fair value)
Inventories
Deferred income taxes
Assets held for sale
Prepaid assets
Other assets
Total current assets 4.87M
Deferred income taxes
Deposit on Evans Shoal
Securities available-for-sale - Noncurrent
Oil and gas properties (successful efforts method)
Land, buildings and equipment
Field equipment
Property Plant And Equipment Gross
Less accumulated depletion, depreciation and amortization
Net property and equipment 78K
Goodwill 500K
Other assets 19K
Total assets 5.84M
Accounts payable 519K
Accrued liabilities 2.58M
Accounts payable - working interest partners
Short term line of credit
Current portion of notes payable
Liability related to assets held for sale
Deferred income taxes
Income taxes payable
Contingent consideration - short term
Total current liabilities 3.21M
Deferred Income Taxes and Other Tax Liabilities Noncurrent
Notes payable
Asset retirement obligations
Contingent consideration
Total long term liabilities
Commitments and contingencies
Other long term liabilities
Common stock, par value $.01 per share: Authorized 300,000,000 shares, outstanding, 53,735,594 and 52,455,977 at September 30, 2011 and June 30, 2011, respectively 71K
Capital in excess of par value 104.55M
Preferred stock, par value $.01 per share: Authorized 50,000,000 and 0 shares, outstanding, none at September 30, 2011 and at June 30, 2011, respectively
Accumulated deficit -97.6M
Accumulated other comprehensive income 5.42M
Total equity attributable to Magellan Petroleum Corporation 2.63M
Non-controlling interest in subsidiaries
Total equity
Total liabilities and equity 5.84M