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Magellan Petroleum appoints new CEO

Magellan PetroleumMagellan Petroleum Corporation, an oil and gas company, announced that J. Thomas Wilson tendered his resignation as the president and CEO and a director of the company.

Mr. Wilson is a veteran in the energy sector, with a strong background in geology and international business development.

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Mr. Wilson began his career as a geologist with Shell Oil Company before joining Apache Corporation, where he held various management positions and led Apache's entry into the international arena.

After Apache, Mr. Wilson served as president of Anderman International, which, during his tenure, developed the Chernogoskoye field in western Siberia.

This property became the core asset of Khantiy Mantsisk Oil Corporation ("KMOC"), for which Mr. Wilson served as its first president. KMOC was later sold to Marathon Oil Corporation and then on-sold to Lukoil.

With his extensive experience in Russian oil and gas, Mr. Wilson joined the management team of Yamal Energy Partners, which developed South Tambey Field, the first Russian-led LNG project in the Russian Republic, which was later sold to Gazprom.

He also served on the management committee of Y.E.P. in Luxembourg. Mr. Wilson joined the Magellan Board of Directors in 2009, prior to becoming the Company's CEO in 2011.

Mr. Wilson holds a BS in Zoology and Geology from Northern Arizona University and a MS in Geology from the University of Southern California.

The board of directors appointed Antoine J. Lafargue, the Company's current Chief Financial Officer, as President and CEO.

Mr. Lafargue has served as the Company's Senior Vice President of Strategy and Business Development and Chief Commercial Officer since October 2014.

He previously served as the Company's Vice President - Chief Financial Officer and Treasurer from August 2010 to October 2014. From July 2009 to July 2010 Mr. Lafargue served as the Chief Financial Officer of Falcon Gas Storage, a natural gas storage company based in Houston, Texas.

Previously, he has served in a number of senior financial management positions during a career in the United States and Europe. From July 2009 to July 2010, Mr. Lafargue served as the Chief Financial Officer of Falcon Gas Storage, a natural gas storage company based in Houston, TX.

Prior to serving in that role, Mr. Lafargue served from 2006 to 2009 as a principal for Arcapita, a global financial services firm, focusing on investments in the energy and infrastructure sectors.

From 2000 to 2006, he served in various financial and strategic advisory roles in the energy sector based in London working for Bank of America, Societe Generale, and Credit Suisse/Donaldson, Lufkin & Jenrette.

Mr. Lafargue holds master’s degrees in Finance from the Ecole Superieure de Commerce de Paris and in Social and Political Sciences from the Institut d’Etudes Politiques, both located in France.




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