Contango Oil & Gas Co.
About
Contango is an independent oil and natural gas company whose underlying business has been to maximize production and cash flow from its offshore properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Wyoming and New Mexico, and to use that cash flow to explore, develop, exploit, increase production from and acquire crude oil and natural gas properties across the United States. Contango has added to its corporate strategy the implementation of a consolidation strategy to pursue the acquisition of PDP-heavy opportunities that it believes will be available in the near future at attractive valuations from stressed or distressed situations.
Contango is an operating subsidiary of Crescent Energy. Crescent Energy is a diversified, well‐capitalized U.S. independent energy company with a portfolio of assets in key proven basins across the Lower 48 states.
Editor's note: Updated Dec. 23, 2021.
Headquarters Address
111 E 5th St, Suite 300
Fort Worth, TX 76102
United States
Website
contango.comMain Phone Number
Transactions
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Contango Oil & Gas to Acquire ConocoPhillips Wyoming Assets
Contango Oil & Gas to Acquire ConocoPhillips Wyoming Assets
Contango Oil & Gas to Acquire Mid-Con Energy Partners in All-stock Merger
Contango Oil & Gas to Acquire Mid-Con Energy Partners in All-stock Merger
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New Financings
Announced amendment and expansion of its senior credit facility led by JPMorgan Chase Bank under which…
Contango Oil & Gas Co. announced the launch of an underwritten public offering of its common…
Committed to invest up to $20 million during the next two years in Alta Energy Partners, a joint venture…
Has purchased 1.7 million shares at an average US$44.71 each.
Bought back 300,500 shares at approximately US$35.24 each.
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News
Forty Under 40: Wilkie Colyer, Contango Oil & Gas
Today’s featured Forty Under 40 honoree is Wilkie Colyer Jr., CEO of Contango Oil & Gas Co., which recently completed a merger that formed Crescent Energy.
Contango Oil & Gas Completes Merger with KKR-backed Firm, Forming Crescent Energy Co.
Headquartered in Houston, the combined company will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
Contango Oil & Gas Closes Acquisition of ConocoPhillips Wyoming Asset
Contango Oil & Gas’ acquisition of the ConocoPhillips Wind River Basin position, previously announced in early July, comprises of low decline, conventional gas assets in Wyoming.
Contango Oil & Gas to Acquire ConocoPhillips Wyoming Assets
The acquisition follows Contango Oil & Gas’ merger agreement with Independence Energy LLC, built and managed by KKR’s Energy Real Assets team, announced last month.
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
The combined company, which will be headquartered in Houston, will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
Hart Energy’s On the Move: Chesapeake CEO Departs, Schlumberger ‘New Energy’ Board, More
Below is a roundup of notable moves and promotions in the energy industry within the past week including the departure of Chesapeake Energy CEO Doug Lawler and Schlumberger’s appointment of former Ørsted Wind Power CEO Samuel Leupold to its board.
Contango Oil & Gas Adds New Directors to Board in ESG Push
Contango Oil & Gas Co. announced the appointment of two new directors to its board, including Karen Simon who is set to chair a new committee formed by Contango as part of its current ESG initiatives.
Contango Oil & Gas Closes $58 Million Silvertip Acquisition
The acquisition adds about 7,500 boe/d (55% liquids) of production to Contango Oil & Gas’ portfolio in the Big Horn, Permian and Powder River basins, where the company already has existing operations.
Contango Oil & Gas Snags Oily, Low-decline Assets in $58 Million Deal
Contango Oil & Gas agreed to pay $58 million in cash for the acquisition of PDP heavy reserves located in in the Big Horn, Permian and Powder River basins made via a bank-owned liquidation of assets.
Contango Oil & Gas to Acquire Mid-Con Energy Partners in All-stock Merger
The acquisition of Mid-Con Energy by Contango Oil & Gas is “simply the next step, and certainly not our last, in our stated goal of consolidating a sector that is in dire need of it,” Contango CEO Wilkie Colyer says.
Energy Players With Access to Wall Street Still Leaned on Taxpayers for Coronavirus Aid
Publicly traded companies took loans from PPP program.
Contango Oil & Gas Promotes Farley Dakan to President
Additionally, Contango Oil & Gas added Chad Roller and Chad McLawhorn, both formerly with Mid-Con Energy Partners LP, to its executive team.
Contango Oil & Gas Strikes JV Deal With Former Partner In US GoM
The original partnership in the late 1990s between Contango and Juneau Oil & Gas made several notable discoveries in the U.S. Gulf of Mexico.
A&D Trends: Billionaire Got Back
Is oil and gas investing the new yachting for the super-wealthy?
Contango Outbids Mach Resources For Oklahoma’s White Star
The White Star Petroleum acquisition is the second focused on Oklahoma this year by Contango Oil & Gas, which currently operates in the Permian, Wyoming and U.S. Gulf.