Contango Oil & Gas Co. - 2011-04-12
Description
Committed to invest up to $20 million during the next two years in Alta Energy Partners, a joint venture that will acquire, operate, explore, and develop onshore unconventional shale operated and non-operated oil and natural gas assets (including undeveloped oil and gas leasehold interests), as well as produce and sell any hydrocarbons produced from such assets. Other participants include Alta Resources LLC and Blackstone Capital Partners.