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Contango Announces First Quarter 2021 Financial Results

Share: FORT WORTH, Texas, May 13, 2021 (GLOBE NEWSWIRE) Contango Oil & Gas Company (NYSE:MCF) ( Contango or the Company ) announced today its financial results for the first quarter ended March 31, 2021.   First Quarter 2021 Highlights and Recent Developments Production sales of 1,773 MBoe for the first quarter of 2021, or 19.7 MBoe per day, an increase from 1,720 MBoe, or 18.9 MBoe per day in the prior year quarter, primarily due to new production from the Mid-Con Acquisition and the Silvertip Acquisition (both as defined below) included in part of the first quarter of 2021. Production sales volumes were also within production guidance for the quarter previously given by the Company.

Contango Announces Schedule for First Quarter 2021 Earnings Release and Conference Call

Contango Announces Schedule for First Quarter 2021 Earnings Release and Conference Call FORT WORTH, Texas, May 11, 2021 (GLOBE NEWSWIRE) Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that it plans to issue its first quarter 2021 earnings release before market open on Thursday, May 13, 2021. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, May 13, 2021 at 8:00 am Central Daylight Time. Teleconference Call Those interested in participating in the earnings conference call may do so by clicking here to join and entering your information to be connected. The link becomes active 15 minutes prior to the scheduled start time, and the conference coordinator will call you. If you are not at a computer, you can join by dialing 800-309-1256, (International 1-323-347-3622) and entering participation code 521358. A replay of the call will be available Thursd

Contango Announces Expansion of its Senior Credit Facility

Contango Announces Expansion of its Senior Credit Facility
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Contango Completes Acquisition of Silvertip Assets

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 (GLOBE NEWSWIRE) Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced the successful completion of its previously announced acquisition of assets located in the Big Horn, Permian, and Powder River Basins (“Project Silvertip”). In accordance with the terms of the Purchase and Sale Agreement (“PSA”), Contango acquired these assets for $58 million, subject to customary purchase price adjustments and an August 1, 2020 effective date. Wilkie S. Colyer, Jr., Contango’s Chief Executive Officer, commented, “We are excited to announce the closing of the Silvertip assets. Since signing the PSA, we have only grown more excited by the producing reserves, employees, and upside the Silvertip assets provide. We continue to be on the lookout for

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