Contango is a Houston, Texas based, independent oil and natural gas company. The Company's business is to explore, develop, exploit, produce and acquire crude oil and natural gas properties in the shallow waters of the Gulf of Mexico ("GOM") and in the onshore Texas Gulf Coast and Rocky Mountain regions of the United States.
On October 1, 2013, the Company completed a merger with Crimson Exploration Inc., in an all-stock transaction pursuant to which Crimson became a wholly-owned subsidiary of Contango.
Contango Completes Acquisition of Silvertip Assets
Feb 1, 2021
Contango acquires assets from Silvertip in the Big Horn, Permian, and Powder River Basins Assets acquired are low decline, oily, and held by production Contango’s net producing oil decline rate projected to drop to approximately 11% in 2021 FORT WORTH, Texas , Feb.
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