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3/8/2010 - COMPLETION OPS UNDERWAY AT SHIP SHOAL BLOCK 263 |
| Contango Oil and Gas advises that completion operations on the Ship Shoal block 263 discovery are proceeding and production from this well is expected to begin by mid-summer 2010 at an estimated rate of 20 MMcf/d, net to Contango. To date, the company has invested approximately $16.0 million in this well, and expects to invest an additional $11.0 million to bring the well to production. |
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