AMEX, MCF - Contango Oil & Gas Company
Contango is a Houston-based, independent natural gas and oil company. The
Company?s core business is to explore, develop, produce and acquire natural gas
and oil properties primarily offshore in the Gulf of Mexico and in the Arkansas
Fayetteville Shale. Contango Operators, Inc. (?COI?), our wholly-owned
subsidiary, acts as operator on certain offshore prospects. The Company also
owns a 10% interest in a limited partnership formed to develop an LNG receiving
terminal in Freeport, Texas, and holds investments in companies focused on
commercializing environmentally preferred energy technologies.
Our exploration strategy is predicated upon two core beliefs: (1) that the only
competitive advantage in the commodity-based natural gas and oil business is to
be among the lowest cost producers and (2) that virtually all the exploration
and production industry?s value creation occurs through the drilling of
successful exploratory wells. ...
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