Contango Mourns Loss of Founder

Contango Oil & Gas Company announced that the Company's founder and visionary, Kenneth R. Peak, passed away Friday evening at the age of 67, in the company of his family. Mr. Peak was diagnosed with an inoperable brain tumor in August 2012 that he was no longer able to battle.

The Company's Board of Directors has elected Joseph J. Romano, Contango's President and Chief Executive Officer, as the Company's new Chairman of the Board.

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