Contango Oil & Gas (MCF) Misses Q2 EPS by 26c

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Contango Announces Second Quarter 2015 Financial Results and Provides Operations Update

August 6, 2015 5:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Contango Oil & Gas Company (NYSE MKT: MCF) (Contango) announced today its financial results for the three months ended June 30, 2015 and provided an operational update.

Second Quarter 2015 Summary

Production of 9.0 Bcfe for the quarter (98.4 Mmcfed; 36% liquids), above the mid-point of guidance Net loss of $19.5 million and Adjusted EBITDAX of $19.9 million for the quarter Discovery and successful completion of our first well in the Muddy Sandstone formation in Weston County, Wyoming Commenced production from four wells... More