Contango Oil & Gas (MCF) Misses Q4 EPS by 30c

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Go back to Contango Oil & Gas (MCF) Misses Q4 EPS by 30c

Contango Announces First Quarter 2015 Financial Results and Provides Operations Update

May 11, 2015 8:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Contango Oil & Gas Company (NYSE MKT: MCF) (Contango) announced today its financial results for the three months ended March 31, 2015 and provided an operational update.

First Quarter 2015 Highlights

Production of 8.7 Bcfe for the quarter Net loss of $18.6 million and Adjusted EBITDAX of $14.0 million for the quarter Commenced production from initial multi-well pad drilled on 500 foot spacing in our Chalktown area Commenced production from third well in our Elm Hill Project, with two additional wells expected to begin... More