MAGELLAN PETROLEUM CORP <MPET> 3RD QTR JAN 31 Shr loss nil vs profit nil Net loss 90,656 vs profit 892 Revs 2,194,242 vs 2,481,784 Avg shrs 19.5 mln vs 16.1 mln Nine mths Shr profit nil vs loss one ct Net profit 42,824 vs loss 149,150 Revs 6,364,992 vs 6,503,811 Avg shrs 19.5 mln vs 16.1 mln NOTE: Net includes tax credits of 98,338 dlrs vs 81,492 dlrs in quartrer and 193,193 dlrs vs 226,560 dlrs in nine mths.