Contango Oil & Gas Company Announces Lesia Bautina as Controller.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Dec. 4, 2001 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 that Lesia Bautina has joined the company as controller. Bautina is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and member of the Petroleum Accounting Society of Houston. Prior to joining Contango, she worked in audit for Arthur Andersen LLP as an experienced senior. Bautina has a BBA in Accounting from Sam Houston State University Sam Houston State University, (known as SHSU and Sam, for short) founded in 1879, is a public university located in Huntsville, Texas. It is one of the oldest purpose-built institutions for the instruction of teachers west of the Mississippi River and the first such , where she graduated with honors. Kenneth R. Peak, chairman and chief executive officer, said, "I am proud to have someone with Lesia's talents joining Contango. She brings enormous energy, integrity and accounting expertise to us and will be integral in our efforts to continue growing the company." Contango is a Houston-based, independent natural gas and oil company. The company explores 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. Additional information can be found on our Web page at www.contango-oandg.com. This news release contains forward-looking statements 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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