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US: Contango announces signing of agreement to acquire Wind River Basin assets from ConocoPhillips 08 Jul 2021 Contango Oil & Gas Company has entered into an agreement to acquire low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips. HIGHLIGHTS Acquisition of PDP heavy reserves for $67 million in cash, representing a discount to the proved producing reserve value of the asset Net production run rate of approximately 78 Mmcfe/d (~100% gas) as of July 1, 2021 Expected to increase Contango’s run rate production by approximately 57% in Q3 of 2021 Expected production decline of approximately 5% per year over the next 5 years Significant potential for upside via Contango’s track record of optimizing cash flow and reserves on acquired assets

Wind riverUnited statesWilkies colyerContango oil gas companyContango oilGas companyWind river basinChief executive officerகாற்று நதிஒன்றுபட்டது மாநிலங்களில்வில்கீஸ் காயெர்வாயு நிறுவனம்காற்று நதி பேசின்தலைமை நிர்வாகி அதிகாரி