Contango Oil & Gas Announces First Quarter Earnings Release and Conference Call Schedule

Contango Oil & Gas Company (NYSE MKT: MCF) announced today it expects to issue its first quarter 2014 earnings press release after the market close on Monday, May 12, 2014. In conjunction with the release, Contango will conduct a conference call to discuss contents of that release on Friday, May 16, 2014 at 8:30am Central Daylight Time.

Those interested in participating in the earnings conference call may do so by calling the following phone number: 888-455-2296, (International 719-325-2315) and entering the following participation code 9097908. A replay of the call will be available from Friday, May 16, 2014 at 11:30am CDT through Friday, May 23, 2014 at 11:30am CDT by dialing toll free 888-203-1112, (International 719-457-0820) and asking for replay ID code 9097908.

Contango Oil & Gas Company is a Houston, Texas based, independent energy company engaged in the exploration, development, exploitation, production and acquisition of natural gas and crude oil properties offshore in the shallow waters of the Gulf of Mexico and in the onshore Gulf Coast regions of the United States and Colorado. Additional information is available on the Company's website at http://www.contango.com.

Contacts:

Contango Oil & Gas Company
E. Joseph Grady, 713-236-7400
Senior Vice President and Chief Financial Officer
or
Sergio Castro, 713-236-7400
Vice President and Treasurer

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