Current MCF Stock Info

Contango Oil & Gas built a position in the hottest play in the U.S. at a fraction of the going cost
The Delaware Basin has become the U.S.A. focal point for oil and gas acquisitions over the course of the last year, with the per-acre value of deals sky-rocketing compared to other plays in the country.

The Delaware’s high rates of return have prompted a rush of capital into the basin that have seen per-acre costs on some deals reach $30,000 per acre and above.

But Contango Oil & Gas (ticker: MCF) has been able to move into the pla...

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