Stay updated with breaking news from வில்கீஸ் காயெர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US: Contango announces signing of agreement to acquire Wind River Basin assets from ConocoPhillips 08 Jul 2021 Contango Oil & Gas Company has entered into an agreement to acquire low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips. HIGHLIGHTS Acquisition of PDP heavy reserves for $67 million in cash, representing a discount to the proved producing reserve value of the asset Net production run rate of approximately 78 Mmcfe/d (~100% gas) as of July 1, 2021 Expected to increase Contango’s run rate production by approximately 57% in Q3 of 2021 Expected production decline of approximately 5% per year over the next 5 years Significant potential for upside via Contango’s track record of optimizing cash flow and reserves on acquired assets ....
Contango to acquire ConocoPhillips' assets in US for $67m offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.
Contango Oil & Gas to Acquire ConocoPhillips Wyoming Assets hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.
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 Expansion of its Senior Credit Facility einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.