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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 14, 2005
CONTANGO OIL & GAS COMPANY
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 001-16317 95-4079863
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3700 BUFFALO SPEEDWAY, SUITE 960
HOUSTON, TEXAS 77098
(Address of principal executive offices)
(713) 960-1901
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On February 14, 2005, the Company announced financial results for the three
and six months ended December 31, 2004.
Contango Oil & Gas Company reported net income attributable to common stock
for the three months ended December 31, 2004 of $13.1 million, or $1.01 per
basic and diluted share, compared to a net income attributable to common stock
for the three months ended December 31, 2003 of $4.1 million, or $0.44 per basic
and $0.33 per diluted share. Natural gas and oil sales from continuing and
discontinued operations for the three months ended December 31, 2004 were $7.3
million, up from $6.0 million for the three months ended December 31, 2003.
EBITDAX was $21.8 million for the three months ended December 31, 2004, up from
EBITDAX for the three months ended December 31, 2003 of $10.4 million.
Net income attributable to common stock for the six months ended December
31, 2004 was $14.6 million, or $1.12 per basic and diluted share, compared to a
net income attributable to common stock for the six months ended December 31,
2003 of $7.0 million, or $0.75 per basic and $0.58 per diluted share. Natural
gas and oil sales from continuing and discontinued operations for the six months
ended December 31, 2004 were $14.0 million, down from $14.2 million for the six
months ended December 31, 2003. EBITDAX was $26.8 million for the six months
ended December 31, 2004, up from EBITDAX for the six months ended December 31,
2003 of $18.4 million.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
The following is a list of exhibits filed as part of this Form 8-K. Where
so indicated by footnote, exhibits, which were previously filed, are
incorporated by reference.
Exhibit No. Description of Document
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99.1 Press release dated February 14, 2005.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CONTANGO OIL & GAS COMPANY
Date: February 14, 2005 By: /s/ KENNETH R. PEAK
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Kenneth R. Peak
Chairman and Chief Executive Officer
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