
Contango Oil & Gas ( MCF -3.4% ) gains after entering into an agreement to form Exaro Energy III LLC. Under the agreement, the company will invest up to $82.5M in Exaro over the next five years, giving it approximately 45% interest in Exaro. Post your comment!
this fund also is subject to the effects of contango and backwardation. Contango is when you pay more for delivery dates that ..... pay less for delivery dates further off. When contango or backwardation occurs, an investor in the
By Bryce Till : Contango Oil and Gas - ( MCF ) So many times it’s what companies ..... share value than Contango Oil and Gas. Contango ’s Core Beliefs Contango is a small and very unique independent ..... and oil company. Before explaining MCF ’s business model, it is worth mentioning
exhibitors, and installs and services not only its products but also those of its competitors. Another interesting name is Contango Oil & Gas MCF , a Houston-based exploration and production company with only eight employees that has an outstanding record of successful
I only buy individual stocks when I think they have significant upside. Indiviual stocks represent less than 10% of my portfolio due to a nondiverfication experience I had early in my investment career in the 1960s (Lost the equivalent of 1-year salary on borrowed money on 1 stock). I thought I was a genius-NOT. The "Old" MHR made patient investors a lot of money. "Old" MHR mgt has bought a significant position in Petro Resources and changed the name to Mangum Hunter. Go to the website and see the recent presentation. Stock still cheap at $2.00 I need to follow my own advice about being patient. I bought MCF at $3 and sold at $15 thinking I had done good. Stock went to $100 within a year, now back down to $50 and it's on my radar screen again.
announced an agreement to process natural-gas volume from Contango 's MCF Mary Rose deep-shelf Gulf of Mexico prospect at its Pelican ..... additional gas to the South Louisiana Processing assets, and this Contango announcement seems to be a noteworthy indication of its progress