Contango Resources

Contango Resources is an independent oil and natural gas company focusing on maximizing production and cash flow primarily from onshore properties in the United States. Established in 1986, the company operates in Texas, Oklahoma, Wyoming, and New Mexico. It aims to utilize its cash flow to explore, develop, exploit, increase production, and acquire crude oil and natural gas properties across the nation. Moreover, Contango has adopted a consolidation strategy to pursue the acquisition of PDP-heavy opportunities, particularly from stressed or distressed situations, believing them to be available at attractive valuations in the near future. The company's slogan reflects its commitment to conducting business with integrity, excellence, stewardship, and teamwork. In December 2019, Contango Resources secured a $53.35M Post-IPO Equity investment from William Buchalter. With a focus on onshore oil and gas assets and a strategy that includes potential acquisitions, Contango Resources demonstrates an ongoing commitment to growth and expansion in the energy sector.