The headline terms of the MOU propose for a transaction to take place at 5 pence per share, representing a 33% premium to the mid-market share price of Contango
at time of suspension.
n commodity markets a contango
tends to signal supply outweighing demand.
September 2007 * Contango
files permit application with Corps
When investing in an oil or gas ETF, contango
and backwardation are two of the most important terms to understand.
Asset Management is responsible for several listed investment firms including Contango
Income Generator, whose chair supports the transition.
Because investing all of the funds proceeds in the following month's contract exposes the fund to greater contango
The Estate of Kenneth R Peak, Brad Juneau, members of the management teams of Contango
and Crimson, as well as affiliates of Crimsona[euro](tm)s largest stockholder, Oaktree Capital Management LP, have committed to vote in favour of the transaction, the pair added.
and Brent backwardation both narrowed.
All grades should be cut because the Dubai contango
is deeper than last month," said a trader.
The Pelican plant is scheduled to process up to 100 MMcf/d as Contango
initiates production from its Mary Rose-1 and -3 wells.
As can be seen from Figure 4, the market shifted from backwardation on January 1, 2003, to contango
by July 2006.
According to Contango
Capital, the fund, Contango
Capital Partners I L.
HOUSTON -- Contango
Oil & Gas Company (NYSE MKT: MCF) announced today that the Company has extended its record date until December 10, 2012 for the previously announced special dividend of $2.
This is what gets factored into futures pricing models, leading to contango
, which, (give or take) theoretically reflects the storage and other costs of holding the commodity.
Natural gas company Contango
Oil & Gas Company (NYSE MKT:MCF) revealed on Thursday the discovery of offshore exploration at its South Timbalier 17 prospect, located in State of Louisiana waters.