Saturday, December 28, 2024
Contango Oil and Gas Company provides an operational update -oilandgas360

Contango Oil and Gas Company provides an operational update

The Company is currently undertaking an extensive review of all of its producing areas to determine the economic or operational justification for continuing to produce unhedged barrels in this price environment, and where determined not justified, and operationally feasible, evaluate potentially shutting in or curtailing production.