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MAGELLAN PETROLEUM CORPORATION ARBN 117 452 454 EXECUTIVE OFFICES TELEPHONE FACSIMILE7 Custom House Street PORTLAND ME 04101, USA(+1) 207 619 8500 (+1) 207 553 2250 WEBSITEwww.magellanpetroleum.com

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Individuals or businesses seeking to invest in or utilize crude oil transportation services.

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What is magellan petroleum?

Magellan Petroleum is a form used by the Internal Revenue Service (IRS) for reporting oil and gas exploration and production activities, particularly in relation to tax obligations.

Who is required to file magellan petroleum?

Any individual or business entity engaged in the exploration and production of oil and gas is generally required to file Magellan Petroleum if they meet specific criteria set by the IRS.

How to fill out magellan petroleum?

To fill out Magellan Petroleum, you must provide detailed information regarding your oil and gas production activities, including property details, production volumes, revenues, and expenses.

What is the purpose of magellan petroleum?

The purpose of Magellan Petroleum is to ensure proper reporting and taxation of revenue generated from oil and gas activities, ensuring compliance with federal tax laws.

What information must be reported on magellan petroleum?

Information that must be reported on Magellan Petroleum includes production data, revenue details, expenses incurred, and any other relevant financial information related to oil and gas operations.

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