Apr. 30, 2013, 7:54 AMContango Oil & Gas (MCF) agrees to acquire Crimson Exploration (CXPO) in an all-shares deal touted as a merger and worth ~$390M. MCF says the deal will enhance its portfolio of Gulf of Mexico offshore assets as well as liquids-rich plays onshore in Texas, complemented by some of Crimson's unconventional plays. CXPO +15.5% premarket. | Apr. 30, 2013, 7:54 AM | Comment!
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Contango Oil & Gas Company is an independent energy company. It is engaged in the exploration, development, production and acquisition of crude oil, natural gas and natural gas liquids reserves in the Gulf of Mexico.
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