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MCF News and Press, Contango Oil & Gas Company (TX) From 02/01/21

Stock Information

Company Name: Contango Oil & Gas Company (TX)
Stock Symbol: MCF
Market: NYSE
Website: contango.com

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MCF - Contango Completes Acquisition of Silvertip Assets

Contango acquires assets from Silvertip in the Big Horn, Permian, and Powder River Basins Assets acquired are low decline, oily, and held by production Contango’s net producing oil decline rate projected to drop to approximately 11% in 2021 FORT WORTH,...

MCF - Contango sees no impact from U.S. federal permitting suspension

Contango Oil & Gas (MCF) says it does not expect any negative impact from the Biden's administration's 60-day suspension of oil and gas permitting or leasing on federal lands and waters."Federal acreage within our asset base is comprised largely of developed reserves, thereby mitigating a...

MCF - Contango Comments on DOI 60-Day Suspension of Leasing and Permitting on Federal Lands and Provides Update on Silvertip Acquisition Closing

Temporary suspension of approvals expected to have no impact on legacy Contango production or production acquired through Mid-Con Energy Partners (“MCEP”) and Silvertip transactions Pine Tree growth project acquired in the MCEP transaction already has necessary per...

MCF - Contango Completes Acquisition of Mid-Con Energy Partners

Mid-Con Energy Partners unitholders receive 1.75 Contango share per MCEP unit Contango’s and Mid-Con’s operations will be consolidated in Fort Worth, TX As a result, John Goff, Contango’s Chairman and largest shareholder, ownership in Contango increa...

MCF - 3 Penny Stocks Under $4 To Watch Before The End Of January 2021

Can These Hot Penny Stocks Continue Bringing in the Bulls? Investors & traders are always searching for the best penny stocks to buy. In the past year, trading these cheap stocks has become extremely popular. There are a few reasons why this is the case. For one, based on the defini...

MCF - SandRidge Trounces Market, Still Undervalued

SandRidge has predictably outperformed markets. Asset sales and improved local realized prices are starting to be reflected in the share price. Higher comp valuations and higher commodity prices indicate more upside. For further details see: SandRidge Trounces Market, St...

MCF - Pedevco: Related Movement

The actions of related parties are extremely important to the future of the company. This conventional operator wants to profit from conventional opportunities left behind in the mad rush to unconventional opportunities. Dr. Simon Kukes, chairman of the board, has an unusual amoun...

MCF - Merger Arbitrage Mondays - Sonesta Acquires Red Lion Hotels

Merger activity decreased last week with one new deal announced. The acquisition of Red Lion Hotels (RLH) by Sonesta International Hotels. Perella Weinberg Partners and FinTech Acquisition Corp. IV enter into a definitive business combination agreement. For further details s...

MCF - Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Unitholder Consent Deadline and Anticipated Closing Date of Merger

FORT WORTH, Texas and TULSA, Okla., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (“Contango”) (NYSE American: MCF) and Mid-Con Energy Partners, LP (“Mid-Con”) (NASDAQ: MCEP) today announced that the Mid-Con consent process will conclude on Jan...

MCF - Contango Oil & Gas: Deep Bench In Use

John Goff is the Chairman and has invested considerable sums in the company. The company is acquiring distressed properties in a buyers market. The proposed merger appears to be "bolt-on" which reduces merger risks considerably. This management has experience in building compa...

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