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Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Contango
Contango news and technical articles from Oil & Gas Journal. Search Contango latest and archived news and articles
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Contango pipeline rupture shuts in Mary Rose production
… Pipeline Editor HOUSTON, Feb. 25 -- Contango Oil & Gas Co., Houston, announced ..... transports natural gas production from Contango ’s four Mary Rose wells, its Dutch ..... six wells were immediately shut-in. Contango provided notice of force majeure to all …
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Southern Ute Tribe invests in Contango Oil & Gas
Contango Oil & Gas Co. on Friday announced that ..... Growth Fund has invested $2.5 million in Contango , purchasing 2.5 million shares of the ..... at $1.00/share. Houston-based Contango also has granted to the Southern Ute Indian …
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Futures price contango compresses
… has been a gradual compression this year of the futures price contango for key benchmark crudes, with the narrowing most evident ..... the market will tighten enough to remove the front-month contango completely, Paul Horsnell, managing director and head of …
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Futures price contango compresses
… has been a gradual compression this year of the futures price contango for key benchmark crudes, with the narrowing most evident ..... the market will tighten enough to remove the front-month contango completely, Paul Horsnell, managing director and head of …
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Edge Petroleum to acquire South Texas properties from Contango
… HOUSTON, Oct. 18 -- Edge Petroleum Corp., Houston, agreed to acquire oil and natural gas properties in South Texas from Contango Oil & Gas Co. for $50 million. The properties, in Jim Hogg County, produce primarily from the Queen City formation. As …
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Finance/Companies news briefs, Aug. 25
Contango Oil & Gas Co. said it has purchased a 10 ..... exploration. As part of this transaction, Contango granted 5-year warrants to each company to purchase 125,000 shares of Contango common stock at $1/share. Roper Industries …
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MARKET WATCH: Crude prices waffle in mixed market
… cents while subsequent monthly contracts were down but still in contango through the first quarter and beyond on the New York market ..... the hub from which WTI is sold. In addition, the current contango forward strip is exacerbating the situation with a contract …
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MARKET WATCH: Oil prices remain mixed at high levels
… Feb. 18 in the New York market, but the April contract continued to climb with subsequent months posting gains but still in contango at least through April 2012. “Oil traded sideways on Friday at an elevated level amid continuous tensions in the Middle …
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MARKET WATCH: Oil prices bounce back on stronger economy indicators
… MMbtu and $4.54/MMbtu, respectively. “However with yesterday's market correction, the market is back to a slight contango ,” said Raymond James analysts. “The backwardation was most likely attributable to producers layering on more hedges …
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Mississippi: New, lower severance tax regime creates positive cash flow for horizontal drilling projects
… boed, comprising 1,050 b/d of oil and 469 Mcfd of gas with 2,700 psi pressure on a 15/64-in. choke. Encana and Contango Oil & Gas Co. each have a 25% working interest in the well, and Goodrich has 50%. Goodrich holds 135,000 net acres in …
