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Contango Oil & Gas Co (MCF.A)

MCF.A on American Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Contango Oil & Gas Production revised 2017 budget to a total of $57.5 mln
Tuesday, 9 May 2017 09:15pm EDT 

May 9 (Reuters) - Contango Oil & Gas Co :Production of 5.2 BCFE for quarter, or 57.6 mmcfed.Production guidance for Q2 of 2017 is expected to be relatively flat with Q1, or 54 - 59 mmcfed.Revised 2017 budget to a total of $57.5 million..  Full Article

Contango Oil & Gas Q4 revenue $21.7 mln vs est $19.9 mln
Wednesday, 15 Mar 2017 05:05pm EDT 

Contango Oil & Gas Co : Contango announces fourth quarter and year ended 2016 financial results . Q4 loss per share $0.69 . Q4 revenue $21.7 million versus i/b/e/s view $19.9 million . Q4 earnings per share view $-0.32 -- Thomson Reuters I/B/E/S . Contango oil & gas co - sees q1 production 57,400 - 62,400 mcfe per day .Contango oil & gas- increased hedge position to about 50% of forecasted pdp natural gas production for 2017,54% of forecasted 2017 pdp crude production.  Full Article

Contango says production for quarter ended Dec 31, 2016 was about 5.9 Bcfe, or 64.3 Mmcfed
Friday, 10 Mar 2017 12:44pm EST 

Contango Oil & Gas Co : Contango announces year-end reserves, fourth quarter 2016 production and first quarter 2017 production guidance . Production for quarter ended December 31, 2016 was approximately 5.9 Bcfe, or 64.3 Mmcfed, within guidance for quarter . Currently estimate Q1 2017 production to be between 57.4 and 62.4 Mmcfed . As of December 31, 2016, PV-10 value of proved reserves was approximately $166 million, compared to PV-10 value of $249 million . Natural gas production for quarter is preliminarily estimated at about 45.8 Mmcfd compared to 59.3 Mmcfd for prior year quarter . As of Dec 31, 2016, had about $54.4 million of debt outstanding under credit facility, 13% decrease from Q3 outstanding balance .Estimated Q1 production "negatively" impacted by estimated 1.5 Mmcfed because of loss of compression at Eugene Island 11 for 24 days.  Full Article

Contango Oil & Gas Co says forecast total capital budget for 2017 of about $46.3 mln
Monday, 9 Jan 2017 09:51am EST 

Contango Oil & Gas Co - :Contango Oil & Gas Co- Currently forecast a total capital budget for 2017 of approximately $46.3 million.  Full Article

Contango Q3 loss per share $0.55
Wednesday, 2 Nov 2016 09:38pm EDT 

Contango Oil & Gas Co : Contango announces third quarter 2016 financial results and provides operations update . Q3 loss per share $0.55 . Q3 revenue $19.6 million versus I/B/E/S view $21.3 million .Q3 earnings per share view $-0.28 -- Thomson Reuters I/B/E/S.  Full Article

Contango Q3 loss per share $0.55
Wednesday, 2 Nov 2016 06:37pm EDT 

Contango Oil & Gas Co : Contango announces third quarter 2016 financial results and provides operations update . Q3 loss per share $0.55 . Q3 revenue $19.6 million versus I/B/E/S view $21.3 million .Q3 earnings per share view $-0.28 -- Thomson Reuters I/B/E/S.  Full Article

Contango Oil & Gas Q2 loss per share $0.90
Wednesday, 3 Aug 2016 05:44pm EDT 

Contango Oil & Gas Co says - : Contango announces second quarter 2016 financial results and provides operations update . Q2 revenue $19.4 million versus i/b/e/s view $21.2 million . Q2 loss per share $0.90 . Q2 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S . Production for Q2 of 2016 was about 6.8 BCFE, or 74.6 MMCFE per day, down about 24 pct from 2015 . Says crude oil and natural gas liquids production during Q2 of 2016 was about 3,800 bpd versus 5,900 bpd last year .Sees production of 67,000 - 72,000 MCFE per day for Q3.  Full Article

Contango Oil & Gas prices a public offering of 5 mln shares of common stock
Friday, 22 Jul 2016 08:49am EDT 

Contango Oil & Gas Co : Has priced a public offering of 5 million shares of its common stock for total gross proceeds of $50 million . Contango announces pricing of common stock offering .Says offering 5.00 million common shares.  Full Article

Contango Oil & Gas announces offering of common stock
Thursday, 21 Jul 2016 04:28pm EDT 

Contango Oil & Gas Co : Says offering 5.00 million common shares . Proceeds to be used to fund purchase price of co's acquisition of undeveloped Southern Delaware basin acreage from third party . Contango announces public offering of common stock . Contango announces public offering of common stock .Says offering 5.00 million common shares.  Full Article

Contango oil & gas Q1 loss per share $0.60
Monday, 9 May 2016 06:20pm EDT 

Contango Oil & Gas Co : Production of 7.2 bcfe for quarter, or 79.4 mmcfed; within guidance . "remain committed to limiting our 2016 capital expenditures to strategic requirements and lease extensions" . Contango announces first quarter 2016 financial results and provides operations update . Q1 loss per share $0.60 . Q1 revenue $17.6 million versus i/b/e/s view $19.2 million .Q1 earnings per share view $-0.68 -- Thomson Reuters I/B/E/S.  Full Article

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