Contango Oil & Gas Company

Contango Oil & Gas Company announced today its financial results for the fourth quarter and twelve months ended December 31, 2020. Fourth Quarter 2020 Highlights and Recent Developments Production sales of 1,321 MBoe for the quarter, or 14.4 MBoe per day, within guidance for the quarter. Assuming we had owned MCEP and Silvertip during the fourth [...]

Contango Oil & Gas Company announced today that it plans to issue its fourth quarter 2020 earnings release before market open on Wednesday, March 10, 2021. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Wednesday, March 10, 2021 at 8:00 am Central Standard Time. A presentation [...]

Contango acquires assets from Silvertip in the Big Horn, Permian, and Powder River Basins Assets acquired are low decline, oily, and held by production Contango's net producing oil decline rate projected to drop to approximately 11% in 2021 FORT WORTH, Texas, Feb. 01, 2021 -- Contango Oil & Gas Company today announced the successful completion of [...]

Temporary suspension of approvals expected to have no impact on legacy Contango production or production acquired through Mid-Con Energy Partners and Silvertip transactions Pine Tree growth project acquired in the MCEP transaction already has necessary permits approved for base case development program Temporary suspension not expected to interfere [...]

Mid-Con Energy Partners unitholders receive 1.75 Contango share per MCEP unit Contango's and Mid-Con's operations will be consolidated in Fort Worth, TX As a result, John Goff, Contango's Chairman and largest shareholder, ownership in Contango increases to 24.3% FORT WORTH, Texas, Jan. 21, 2021 -- Contango Oil & Gas Company today announced the [...]

Contango Oil & Gas Company and Mid-Con Energy Partners, LP today announced that the Mid-Con consent process will conclude on January 6, 2021. On December 18, 2020, the holders of common units representing limited partner interests in Mid-Con which holders beneficially own a majority of the outstanding Mid-Con Common Units, and which are parties to [...]

Contango Oil & Gas Company today announced the execution of an agreement with a select group of institutional and accredited investors to sell approximately 14.2 million shares of common stock in a private placement. The Company expects to receive gross proceeds from the equity capital raise of approximately $22.0 million, which it intends to use [...]

Contango Oil & Gas Company announced today that it has entered into an asset purchase agreement to acquire assets in the Big Horn, Permian, and Powder River Basins via a bank owned liquidation of assets. HIGHLIGHTS Acquisition of PDP heavy reserves for $58 million in cash, subject to customary purchase price adjustments, representing more than a [...]

Contango Oil & Gas Company announced today its financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights and Recent Developments Achieved run rate LOE savings on Central Oklahoma properties of 48% since taking over operations in the fourth quarter of 2019 and 38% savings relative to assumptions in our 2019 [...]

Contango Oil & Gas Company announced today that it has revised the schedule for its third quarter 2020 earnings release conference call. In conjunction with the earnings release, Contango will now conduct a conference call to discuss the contents of that release on Monday, November 16, 2020 at 4:00 pm Central Standard Time. Teleconference Call [...]