Contango Oil & Gas Announces Webcast Presentation and Change in Domain Address.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--April 1, 2002 Contango Contango When the futures price is above the expected future spot price. Consequently, the price will decline to the spot price before the delivery date. Notes: This is the opposite of backwardation. Oil & Gas Company (AMEX AMEX See: American Stock Exchange :MCF) announced today it will be presenting at the American Stock Exchange's upcoming online conference, "Where Savvy Investors Meet Undiscovered Companies." You are invited to listen to management's slide presentation that will be webcast live during the conference on Tuesday, April 2, 2002 at 12:30 PM (CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. ) with Kenneth R. Peak, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Contango Oil & Gas. The presentation will run approximately 30 minutes, immediately followed by questions from investors. Please visit our Web site (www.mcfx.biz) for a direct link to the webcast. Kenneth R. Peak, chairman and chief executive officer, said, "In just the last three months, we have invested $29.6 million -- $23.4 million on property acquisitions and $6.2 million on the repurchase of 2.6 million of our common shares. This webcast is a timely opportunity for shareholders and interested investors to learn more about the Company and these investments. Contango also announced today it has changed its Internet domain to www.mcfx.biz. All of the Company's e-mail addresses will change accordingly with the ending being "@mcfx.biz" as follows: Kenneth R. Peak Chairman and CEO kpeak@mcfx.biz William H. Gibbons VP and Treasurer bgibbons@mcfx.biz Lesia Bautina Controller lbautina@mcfx.biz Kaci Herring Director of Admin kherring@mcfx.biz These changes take place immediately. Contango is a Houston-based, development stage, independent natural gas and oil company. The Company explores for and acquires natural gas and oil properties primarily onshore in the Gulf Coast, offshore Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east and the Rocky Mountains Rocky Mountains, major mountain system of W North America and easternmost belt of the North American cordillera, extending more than 3,000 mi (4,800 km) from central N.Mex. to NW Alaska; Mt. Elbert (14,431 ft/4,399 m) in Colorado is the highest peak. . Additional information can be found on our Web site at www.mcfx.biz . This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, oil and gas exploration risks, price volatility, production levels, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur. |
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