Contango Oil & Gas Company (NYSE MKT: MCF) announced today it expects to issue its third quarter 2016 earnings release after the market close on Wednesday, November 2, 2016. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, November 3, 2016 at 9:30am Central Daylight Time.

Those interested in participating in the earnings conference call may do so by calling the following phone number: 1-800-344-6698, (International 1-785-830-7979) and entering the following participation code: 6806026. A replay of the call will be available from Thursday, November 3, 2016 at 12:30pm CDT through Thursday, November 10, 2016 at 12:30pm CDT by clicking the audio replay link here, and entering participation code 6806026.

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 Texas and Rocky Mountain regions of the United States. Additional information is available on the Company's website at http://www.contango.com.

Contango Oil & Gas CompanyE. Joseph Grady, 713-236-7400Senior Vice President and Chief Financial OfficerorSergio Castro, 713-236-7400Vice President and Treasurer

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