Lyle Lack

Contango Resources

Contango Resources, LLC is an independent oil and natural gas company whose underlying business has been to maximize production and cash flow from onshore properties in Texas, Oklahoma, Wyoming, Montana, and New Mexico, and to use that cash flow to explore, develop, exploit, increase production from and acquire crude oil and natural gas properties across the United States. Contango has added to its corporate strategy the implementation of a consolidation strategy to pursue the acquisition of PDP-heavy opportunities that it believes will be available in the near future at attractive valuations from stressed or distressed situations. Contango is an independent oil and natural gas company whose underlying business has been to maximize production and cash flow from its offshore properties in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Wyoming, and New Mexico, and to use that cash flow to explore, develop, exploit, increase production from and acquire crude oil and natural gas properties across the United States. Contango has added to its corporate strategy the implementation of a consolidation strategy to pursue the acquisition of PDP-heavy opportunities that it believes will be available in the near future at attractive valuations from stressed or distressed situations.