April 29, 2016

Contango Announces Schedule for First Quarter Earnings and Operations Release

HOUSTON--(BUSINESS WIRE)-- Contango Oil & Gas Company (NYSE MKT: MCF) announced today it expects to issue its first quarter 2016 earnings release, including an update on operations on Monday, May 9, 2016. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Wednesday, May 11, 2016 at 9:30am Central Daylight Time.

Those interested in participating in the earnings conference call may do so by calling the following phone number: 1-888-632-3384, (International 1-785-424-1675) and entering the following participation code: 8365124. A replay of the call will be available from Wednesday, May 11, 2016 at 12:30pm CDT through Wednesday, May 18, 2016 at 12:30pm CDT by registering at https://jsp.premiereglobal.com/webrsvp and using confirmation code 8365124.

Contango Oil & Gas Company is a Houston, Texas-based, independent energy company engaged in the exploration, development, exploitation, production and acquisition of natural gas and crude oil properties offshore in the shallow waters of the Gulf of Mexico and in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://www.contango.com.

Contango Oil & Gas Company
E. Joseph Grady, 713-236-7400
Senior Vice President and Chief Financial Officer
or
Sergio Castro, 713-236-7400
Vice President and Treasurer

Source: Contango Oil & Gas Company

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