Contango Oil & Gas

Contango Oil & Gas Co. is an independent oil and natural gas company.

HOUSTON, June  22, 2020  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the first quarter ended March 31, 2020. 

Contango Announces First Quarter 2020 Financial Results

HOUSTON, June  15, 2020  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) announced today that the Company will be participating in the 2020 J.P. Morgan Energy, Power & Renewables Conference via a virtual presentation to conference participants, and virtual meetings with investors participating in the virtual conference, on Wednesday, June 17, 2020. Contango’s presentation will be at 5:00 pm Eastern Daylight Time (4:00 pm Central Daylight Time). A copy of the presentation will be available in the "Investor Relations" section of the Company’s website at http://www.contango.com prior to market opening on Wednesday, June 17, 2020.

Contango to Present at the 2020 J.P. Morgan Energy, Power & Renewables Conference

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HOUSTON, June  15, 2020  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that it has amended certain provisions of its senior credit agreement, results of recent drilling activity and production for the first quarter of 2020, and the expected schedule for its release of first quarter 2020 earnings and related earnings conference call. 

Contango Announces Amendment to its Senior Credit Facility, Certain Operational Updates and the Schedule for its First Quarter 2020 Earnings Release

HOUSTON, June  05, 2020  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced that it will offer a cost-effective “fee for service” property management option to companies with distressed or stranded assets, or companies with a desire to reduce administrative costs,  while providing Contango a new avenue for growth that aligns with the Company’s own business strategy.  Contango also announced today that it has entered into a Management Services Agreement with Mid-Con Energy Partners, LP (“Mid-Con”) to provide operational services as operator of record on Mid-Con’s oil and gas properties.

Contango Announces Fee for Service Addition to Corporate Strategy and Announces Signing of Management Services Agreement with Mid-Con Energy Partners

Contango Oil & Gas: New Ways To Make Money

Contango Oil & Gas Company (MCF) CEO Wilkie Colyer on Q4 2019 Results - Earnings Call Transcript

HOUSTON, March  12, 2020  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”), as a result of the decline in commodity prices in the last several days, and especially oil prices, today provides a brief update on its response to that decline.

CONTANGO OIL AND GAS COMPANY PROVIDES AN OPERATIONAL UPDATE

As of late, it has definitely been a great time to be an investor of Contango Oil & Gas Company (MCF).

Contango Oil & Gas Company (MCF) Shares March Higher, Can It Continue?

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Recapitalization and major acquisitions have remade the company.

T. Rowe Price And Brad Juneau Link Up With Contango Oil & Gas

Contango Oil & Gas Is Buying Its Way Back

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HOUSTON, Dec.  23, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has closed its previously announced private placement of 19,000,000 shares of common stock and 2,340,000 shares of Series C preferred stock. The Company received gross proceeds of approximately $53.35 million, which it intends to use for general corporate purposes, including capital expenditures under the Company’s concurrently announced Joint Development Agreement with Juneau Oil & Gas, LLC. The preferred stock ranks pari passu with the Company’s common stock and which will automatically convert into common stock upon approval of the Company’s shareholders.

Contango Announces Closing of Private Equity Capital Raise

HOUSTON, Dec.  20, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that the Company entered into a Joint Development Agreement with Juneau Oil & Gas, LLC (“Juneau”) to develop certain exploration prospects in the offshore Gulf of Mexico shelf.

Contango Oil and Gas Company Announces Signing of Joint Development Agreement With Juneau Oil & Gas, LLC

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Visualizing The Predictive Value Of Contango

Contango Oil & Gas' (MCF) CEO Wilkie Colyer on Q3 2019 Results - Earnings Call Transcript

Contango (MCF) delivered earnings and revenue surprises of -23.08% and -5.73%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Contango (MCF) Reports Q3 Loss, Lags Revenue Estimates

HOUSTON, Nov.  04, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that the Company has completed its previously announced acquisition of certain assets and liabilities, including approximately 315,000 net acres located in the STACK, Anadarko and Cherokee operating districts in Oklahoma (the “Properties”) from White Star Petroleum, LLC (“White Star”) and certain of its affiliates for a total purchase price of $132.5 million. Following adjustment for the results of operations for the period between the effective and closing dates, and other estimated customary closing adjustments, the Company paid a total cash consideration of $95.8 million, which includes the previously funded cash deposit of $12.5 million (the “Acquisition”).

Contango Oil and Gas Company Announces Closing of the Acquisition of the Assets of White Star Petroleum LLC, and the Expansion of Its Senior Credit Facility

HOUSTON, Oct.  31, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced the execution of an agreement with a select group of institutional and accredited investors to sell 1,102,838 shares of Series B Contingent Convertible Preferred Stock in a private placement. The Company expects to receive gross proceeds of approximately $22 million, which will be used to fund a portion of the purchase price and related transaction expenses for the previously announced pending acquisition of certain oil and gas properties from White Star Petroleum LLC and certain of its affiliates (the “Pending Acquisition”) that is due at closing, which is currently expected to occur on November 1, 2019. If the Pending Acquisition is not consummated, the Company intends to use the proceeds for general corporate purposes, including funding future potential acquisitions or a portion of its 2019 capital program.

Contango Announces Private Placement of Contingent Convertible Preferred Stock

Contango (MCF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Contango (MCF) Report Negative Q3 Earnings? What You Should Know

HOUSTON, Oct.  30, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that the Company has completed its previously announced acquisition of approximately 159,872 net acres located in North Louisiana (12,560 net acres) and the Western Anadarko Basin in Western Oklahoma and the Texas Panhandle (147,312 net acres) (the “Properties”) from Will Energy Corporation for an aggregate consideration of $23 million. Following adjustments for recent sales of non-core, non-operated Louisiana properties by Will Energy, the results of operations for the period between the effective and closing dates, and other estimated customary closing adjustments, the consideration paid at closing consisted of $14.75 million in cash and 3,500,000 shares of common stock (the “Acquisition”).

Contango Oil & Gas Company Announces Closing of Transaction to Acquire Texas, Oklahoma and Louisiana Assets of Will Energy Corporation

HOUSTON, Oct.  18, 2019  (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced that John C. Goff, a current director and the Company’s largest shareholder, has been appointed Non-Executive Chairman of the Board of Directors.  Mr. Goff replaces Joe Romano, who will remain on the Board as a director.  Mr. Goff said, “We thank Joe for his years of service as Chairman of the Board and look forward to his continued contribution as a director of the Company.  We are excited about our recent announcements of the pending acquisitions of Will Energy and White Star, which are truly transformative transactions for Contango.  We are committed to our strategy of continuing to consolidate the fragmented E&P space during this unique window of opportunity.  Wilkie Colyer has worked with me for the last 12 years and I look forward to supporting him and the dedicated Contango team.”  

Contango Announces John Goff as New Chairman of the Board and Enhancement to Its Management Team

Contango (MCF) saw a big move last session, as its shares jumped more than 12% on the day, amid huge volumes.

Contango (MCF) Looks Good: Stock Adds 12% in Session

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News for Contango Oil & Gas Stock (MCF)