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Contango Oil & Gas Company (MCF) is a Texas-based independent oil and natural gas company. MCF acquires, explores, develops, exploits, and produces oil and gas in the shallow waters of the Gulf of Mexico. The company also has onshore properties in Texas and Wyoming. As of the end of 2018, MCF had proven reserves of around 131.90 billion cubic feet equivalent, including 54.2 billion cubic feet of natural gas, 9.4 million barrels of crude oil and condensate, and 3.5 million barrels of natural gas liquids according to its corporate profile.