SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* Sopak AG (Last) (First) (Middle) BAARERMATTSTRASSE 3 (Street) BAAR V8 CH-6341 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/21/2012	3. Issuer Name and Ticker or Trading Symbol MAGELLAN PETROLEUM CORP /DE/ [ MPET ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) X Other (specify below) Member of Section 13(d) Group	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock, par value $0.01 per share(1)	9,264,637	I	See footnote 1

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant(1)	09/21/2012	07/09/2014	Common stock, par value $0.01 per share	4,347,826	$1.15	I	See footnote 1

1. Name and Address of Reporting Person* Sopak AG (Last) (First) (Middle) BAARERMATTSTRASSE 3 (Street) BAAR V8 CH-6341 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Member of Section 13(d) Group

1. Name and Address of Reporting Person* GLENCORE INTERNATIONAL PLC (Last) (First) (Middle) BAARERMATTSTRASSE 3 P.O. BOX 777 (Street) BAAR V8 CH-6341 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Member of Section 13(d) Group

1. Name and Address of Reporting Person* GLENCORE INTERNATIONAL AG (Last) (First) (Middle) BAARERMATTSTRASSE 3 P O BOX 555 CH 6341 BAAR (Street) SWITZERLAND (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Member of Section 13(d) Group

1. Name and Address of Reporting Person* Glencore AG (Last) (First) (Middle) BAARERMATTSTRASSE 3 PO BOX 555 CH-6341 (Street) BAAR V8 4142227722 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Member of Section 13(d) Group

Explanation of Responses:

1. Registered in the name of Young Energy Prize S. A. Sopak AG acquired voting and investment power over the shares of Common Stock and the Warrant reported herein upon the occurrence of an event of default under a pledge agreement between Sopak AG and Young Energy Prize S.A. Each of the reporting persons other than Glencore International plc is a direct or indirect wholly-owned subsidiary of Glencore International plc. Glencore AG is a direct wholly-owned subsidiary of Glencore International. Sopak AG is a direct wholly-owned subsidiary of Glencore AG. None of the reporting persons have a direct or indirect pecuniary interest in these shares. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of these shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purposes.

	/s/ Andreas Hubmann, Chairman, SOPAK AG	09/28/2012
	/s/ Stefan Peter, Member, SOPAK AG	09/28/2012
	/s/ Steven Kalmin, Director, GLENCORE INTERNATIONAL PLC	09/28/2012
	/s/ Andreas Hubmann, Chairman, GLENCORE INTERNATIONAL AG	09/28/2012
	/s/ Gerda Schwindt, Officer, GLENCORE INTERNATIONAL AG	09/28/2012
	/s/ Andreas Hubmann, Chairman, GLENCORE AG	09/28/2012
	/s/ Stefan Peter, Member, GLENCORE AG	09/28/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.