Item 7.01 Regulation FD Disclosure.

On September 24, 2012, Magellan Petroleum Corporation (the "Company") released a CEO's Letter to Shareholders (the "CEO's Letter") from J. Thomas Wilson, President and Chief Executive Officer of the Company. The CEO's Letter will be included in the Company's 2012 annual report to shareholders, which will also include the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2012. A copy of the CEO's Letter is furnished herewith as Exhibit 99.1. The CEO's Letter has also been posted to the Company's website at www.magellanpetroleum.com.
The information in this report (including Exhibit 99.1) is furnished pursuant to Item 7.01 and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is filed as part of this report:
Exhibit
No. Description

99.1 CEO's Letter to Shareholders

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