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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) December 6, 2006
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 8.01. OTHER EVENTS
Contango Oil & Gas Company (AMEX:MCF) announced today that it has
fracture stimulated ("fraced") and production tested its first two Fayetteville
Shale wells operated by its alliance partner, Alta Resources LLC ("Alta"), the
Alta-Thines #1-30H in its Pigeon Roost area where it has 5,600 net mineral acres
(approximately 3,900 net to Contango) and the Alta-Ledbetter #1-33H in its Buck
Ridge area where it has 5,100 net mineral acres (approximately 3,600 net to
Contango). The Alta-Thines #1-30H flowed at approximately 1 million cubic feet
per day ("MMcf/d") and is currently shut-in awaiting hook-up to production
facilities, expected by February 2007. The Alta-Ledbetter #1-33H did not flow
commercial quantities of gas, and has been temporarily abandoned while we
consider various re-completion alternatives.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit No. Description of Document
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99.1 Press release dated December 6, 2006.
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: December 6, 2006 By: /s/ KENNETH R. PEAK
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Kenneth R. Peak
Chairman and Chief Executive Officer