A natural gas and oil company, whose business is to explore, develop, produce and acquire natural gas and oil properties, offshore in the Gulf of Mexico and in the Arkansas Fayetteville Shale.
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Nat Gas is a very logical energy source for many years to come. While it may take a while to turn over a more meaningful percentage of our economy and infrastructure to Nat Gas, the benefits are undeniable. Cleanliness, low cost and reduction of reliance on other countries, not to mention the beneficial spending to convert over...it's a win for the US all around. With Contango's low cost of production, they stand to benefit greatly or get bought out by a major looking to increase their Nat Gas footprint.