X0303 4 2010-11-05 0 0000061398 MAGELLAN PETROLEUM CORP /DE/ MPET 0001468730 bogachev nikolay v 9-3 SECHNEOVSKY PEREULOK MOSCOW 1Z RUS-119034 RUSSIAN FEDERATION 1 0 0 0 Common Stock 2010-11-05 4 S 0 712085 D 13612463 I See footnote 3 Common Stock 15000 D Effective as of November 5, 2010, the reporting person sold his 60.5% indirect equity interest in ECP Fund, SICAV-FIS (the "ECP Fund") (formerly known as YEP I, SICAV-FIS) for an aggregate purchase price of 1,425,115.69 Euros. Accordingly, the reporting person no longer has a pecuniary interst in any of the issuer's shares held by the ECP Fund. The reporting person beneficially owns 15,000 shares of the issuer's common stock directly and 13,612,463 shares of the issuer's common stock indirectly, which shares are held by Young Energy Prize S.A. The reported securities are held by the ECP Fund. Effective as of November 5, 2010, the reporting person no longer owns an equity interest in the ECP Fund and thus no longer has a pecuniary interest in any of the issuer's shares held by the ECP Fund. /s/ Nikolay V. Bogachev 2010-12-09