Current MCF Stock Info

Contango Oil & Gas Company (ticker: MCF) posted a net income of $0.9 million, or $0.04 per share for Q1 2018. Production for the first quarter of 2018 was approximately 4.5 Bcfe, or 50.0 MMcfe/d.

President and CEO Allan D. Keel said, “We now have eight wells on production, with two more to come on in early July from the Sidewinder/Gunner pad we are currently drilling, one well in the Wolfcamp A and one in the Wolfcamp B.”
Drilling
Capital costs incurred for Q1 were approximately $19.5 million, including $17.4 million for the drilling a...


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