Corporate Profile for Contango Oil & Gas Company, dated Nov. 17, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: Nov. 17, 2000
Company Name: Contango Oil & Gas Company
Address: 3700 Buffalo Speedway, Suite 960
Houston, TX 77098
Main Telephone
Number: 713/960-1901
Internet Home
Page Address
(URL) www.contango-oandg.com
Chief Executive
Officer: Kenneth R. Peak
Chief Financial
Officer: Kenneth R. Peak
Investor Relations
Contact: Kaci Brubaker
Business number: 713/960-1901
E-mail address: kbrubaker@contango-oandg.com
Public Relations
Contact: N/A
Business number: N/A
E-mail address: N/A
Industry: Exploration and Production
Trading Symbol/
Exchange: BTUX/OTCBB
Market Makers: N/A
Company description: 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. is a Houston-based, development stage, independent oil and natural gas company. The company explores and acquires oil and gas properties primarily in the onshore on·shore adj. 1. Moving or directed toward the shore: an onshore wind. 2. Located on the shore: an onshore beacon; an onshore patrol. adv. Gulf Coast and 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 . The company's production in November November: see month. 2000, was approximately 10 mmcfd of natural gas and 400 bopd of oil. The company has raised $18 million of equity capital since August 1999 including $5.0 million from Trust Company of the West (TCW TCW Total Carat Weight TCW Temporal Cold War (Star Trek Enterprise) TCW Troop Carrier Wing TCW Turnbuckle Championship Wrestling TCW Tasty Coma Wife (Scrubs episode) ), $5.0 million from the Southern Ute Indian Tribe INDIAN TRIBE. A separate and distinct community or body of the aboriginal Indian race of men found in the United States. 2. Such a tribe, situated within the boundaries of a state, and exercising the powers of government and, sovereignty, under the national (SUIT), and $5.0 million from Aquila Energy Capital Corporation. The company has approximately 22.9 million shares of common stock outstanding, plus 9 million shares reserved for issuance upon conversion of the company's Series A and B convertible preferred, and the exercise of options and warrants currently outstanding. On a fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. basis, TCW, SUIT, and Aquila would own 20%, 16%, and 7% of the company respectively. Please see company's most recent 10-K and 10-Q. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion