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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.
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