Sunday, October 13, 2013

Contango Applies For TMS Units

Conterra Company, Contango's subsidiary, is applying for two TMS units in Northeast Spillman Field (W. Feliciana Parish).  Both units are 995 acres and are just east of Encana's existing units.  The TVD of the TMS in this area is -13300'.  Being located inbetween three underwhelming Devon completions, this will present an interesting opportunity for Contango to prove the value of the area.  We look forward to having a new operator joining the mix.

Crimson and Contango just recently merged:
http://www.dailyfinance.com/2013/04/30/contango-oil-gas-and-crimson-exploration-enter-int/







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