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Contango Details Latest Woodbine IP Rates; Talks Crimson Merger
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Contango Oil & Gas Company has reported its quarterly results for the quarter ended September 30, 2013 and quarterly results for Crimson Exploration Inc. for the quarter ended September 30, 2013.
Effective October 1, 2013, Crimson merged with Contango. Prior to the merger, Crimson was a publicly-traded company.
Highlights: Consummation of the merger with Crimson Exploration Inc. on October 1, 2013 Successful drilling of the South Timbalier 17 offshore exploratory well in August Four new wells were drilled in the Woodbine play and two new wells were drilled in the Buda play Combined production of Contango and Crimson of 10.3 Bcfe for the quarter ended September 30, 2013 $15.6 million gain from investment in Alta Resources Investments, LLC. (“Alta Resources”) Quarterly Adjusted EBITDAX of…- ✓ Full news archive — U.S., Canada & international coverage
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