Contango Oil & Gas Company Announces Investment in Alaskan Mineral Exploration

March 8, 2010 by · Leave a Comment
Filed under: Americas, Energy 

Houston–(Business Wire)–Contango Oil & Gas Company (NYSE Amex: MCF) announced today that its wholly-owned subsidiary, Contango ORE Company (“CORE”), has agreed to invest up to $3.0 million to conduct mineral exploration activities on approximately 580,000 acres of Alaska Native and State of Alaska lands located in interior Alaska (“Mineral Exploration Lands”). CORE purchased a 50% ownership from a private company for $1.0 million, together with our commitment to invest the next $2.0 million of capex to fund the expenses associated with the initial mineral exploration phase on this acreage. CORE and its partner will share expenses on a 50/50 basis thereafter and each will own a 50% working interest burdened by an approximate 5% overriding royalty interest. Read more

TextGuard Mobile Compliance Solution Now Available on Blackberry App World

Leading Electronic Communication Compliance for Mobile Devices is Now Available for the 37 Million Blackberry Users Around the Globe

New York, NY – December 14, 2009: TextGuard™, the leading provider of Mobile Electronic Communication Compliance, today announced that their software is now available on the Blackberry App World. The 37 million Blackberry® users worldwide can now have full access to TextGuard™ and all of its features effective immediately. Read more

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