Denver-based Magellan Petroleum Corp. (NASDAQ: MPET) has announced its board of directors elected Milam Randolph Pharo to fill a vacancy on the Board resulting from the resignation of William H. Hastings from the board on July 16, 2012. Pharo was elected to hold office for a term expiring at the annual meeting of shareholders at which the term of the class of directors in which Hastings was elected expires, which is at the third succeeding annual meeting of shareholders after the 2011 annual meeting of shareholders.
Pharo, age 60, has ...