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Filing Details

Accession Number:: 0001193125-19-294810
Form Type:: 13D Filing
Publication Date:: 2019-11-18 17:08:33

Filed By:: Goff John C
Company:: Contango Oil & Gas Co (NYSEMKT:MCF)
Filing Date:: 2019-11-18
SEC Url:: 13D Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Sole Voting Power	Sole Dispositive Power	Aggregate Amount Owned Power	Percent of Class
John C. Goff	36,739,945	36,739,945	36,739,945	33.9%
Goff MCF Partners	30,766,377	30,766,377	30,766,377	28.4%
GFS Contango GP	30,766,377	30,766,377	30,766,377	28.4%
GFS Management	30,766,377	30,766,377	30,766,377	28.4%
Goff Focused Strategies	30,766,377	30,766,377	30,766,377	28.4%
GFT Strategies	30,766,377	30,766,377	30,766,377	28.4%
John C. Goff	33,152,077	33,152,077	33,152,077	30.6%

Filing

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13D/A

(Rule 13d-101)

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

Contango Oil & Gas Company

(Name of Issuer)

Common Stock, 0.04 par value

(Title of Class of Securities)

21075N204

(CUSIP Number)

Jennifer Terrell

Chief Financial Officer

Goff Capital, Inc.

500 Commerce Street, Ste 700

Fort Worth, Texas 76102

(817) 509-3958

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

With a copy to:

Robert Robbins

Pillsbury Winthrop Shaw Pittman, LLP

1200 Seventeenth Street, NW

Washington, DC 20036

November 12, 2019

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*	The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


1	NAME OF REPORTING PERSONS John C. Goff
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 36,739,945 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 36,739,945 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 36,739,945 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.9% (2)
14	TYPE OF REPORTING PERSON IN

(1)

Includes 789,474 shares of Series A Contingent Convertible Preferred Stock (the Series A Preferred Stock) of Contango Oil & Gas Company, a Texas corporation (the Issuer), which were acquired on September 17, 2019, through a private transaction among the Issuer, Goff MCF Partners, LP (Goff MCF) and John C. Goff, through John C. Goff SEP IRA (the Series A Preferred Purchase Agreement), and 354,088 shares of Series B Contingent Convertible Preferred Stock (the Series B Preferred Stock) of the Issuer, which were acquired on October 30, 2019, through a private transaction among the Issuer and the purchasers party thereto (the Series B Preferred Purchase Agreement). Each share of Series A Preferred Stock is entitled to voting power equal to 8.71 shares of common stock, par value $0.04 per share (the Common Stock) of the Issuer on all matters submitted to a vote of the shareholders. Each share of Series B Preferred Stock is entitled to voting power equal to 10 shares of common stock, par value $0.04 per share of the Issuer on all matter submitted to a vote of the shareholders.

(2)

Based on 89,357,332 shares of Common Stock outstanding as reported in the Issuers quarterly report dated November 12, 2019 filed with the Securities and Exchange Commission plus (i) 7,894,740 shares of Common Stock issuable upon the conversion of all outstanding Series A Preferred Stock and (ii) 11,028,380 shares of Common Stock issuable upon the conversion of all outstanding Series B Preferred Stock.


1	NAME OF REPORTING PERSONS Goff MCF Partners, LP 82-1636851
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION Texas
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 30,766,377 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 30,766,377 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,766,377 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.4% (2)
14	TYPE OF REPORTING PERSON PN

(1)

Includes 694,737 shares of Series A Preferred Stock of the Issuer, which were acquired on September 17, 2019, pursuant to the Series A Preferred Purchase Agreement and 319,665 shares of Series B Preferred Stock of the Issuer, which were acquired on October 30, 2019, pursuant to the Series B Preferred Purchase Agreement. Each share of Series A Preferred Stock is entitled to voting power equal to 8.71 shares of Common Stock of the Issuer on all matters submitted to a vote of the shareholders. Each share of Series B Preferred Stock is entitled to voting power equal to 10 shares of Common Stock of the Issuer on all matters submitted to a vote of the shareholders.

(2)


1	NAME OF REPORTING PERSONS GFS Contango GP, LLC 83-4348877
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION Texas
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 30,766,377 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 30,766,377 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,766,377 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.4% (2)
14	TYPE OF REPORTING PERSON OO

(1)

(2)


1	NAME OF REPORTING PERSONS GFS Management, LLC 38-4038336
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION Texas
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 30,766,377 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 30,766,377 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,766,377 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.4% (2)
14	TYPE OF REPORTING PERSON OO

(1)

(2)


1	NAME OF REPORTING PERSONS Goff Focused Strategies LLC 81-3363076
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION Texas
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 30,766,377 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 30,766,377 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,766,377 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.4% (2)
14	TYPE OF REPORTING PERSON IA

(1)

(2)


1	NAME OF REPORTING PERSONS GFT Strategies, LLC 82-1794092
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION Texas
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 30,766,377 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 30,766,377 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,766,377 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 28.4% (2)
14	TYPE OF REPORTING PERSON OO

(1)

(2)


1	NAME OF REPORTING PERSONS John C. Goff 2010 Family Trust 27-6940537
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐
6	CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 33,152,077 (1)
		8	SHARED VOTING POWER -0-
		9	SOLE DISPOSITIVE POWER 33,152,077 (1)
		10	SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,152,077 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 30.6% (2)
14	TYPE OF REPORTING PERSON OO

(1)

(2)

The following constitutes Amendment No. 6 (Amendment No. 6) to the Schedule 13D (the Original Schedule 13D) filed by the undersigned on June 13, 2018, as amended and supplemented by Amendment No. 1 to the Original Schedule 13D, filed on August 15, 2018, as amended and supplemented by Amendment No. 2 to the Original Schedule 13D, filed on November 20, 2018, as amended and supplemented by the Amendment No. 3 to the Original Schedule 13D, filed on December 3, 2018, as amended and supplemented by the Amendment No. 4 to the Original Schedule 13D, filed on September 18, 2019, as amended and supplemented by the Amendment No. 5 to the Original Schedule 13D, filed on November 1, 2019 (as amended and supplemented, collectively, this Schedule 13D) relating to the shares of common stock, par value $0.04 per shares (the Common Stock), of Contango Oil & Gas (the Issuer), a Houston, Texas based, independent energy company. The address of the issuers office is 717 Texas Ave., Suite 2900, Houston, Texas 77002. This Amendment No. 6 amends the Schedule 13D as specifically set forth herein.

Item 5.

Interest in Securities of the Issuer.

Item 5 is amended and restated in its entirety as follows:

The aggregate percentage of Common Stock reported owned by each person named herein is based upon 89,357,332 shares of Common Stock outstanding as reported in the Issuers quarterly report dated November 12, 2019 filed with the Securities and Exchange Commission plus (i) 7,894,740 shares of Common Stock issuable upon the conversion of the Series A Preferred Stock and (ii) 11,028,380 shares of Common Stock issuable upon the conversion of the Series B Preferred Stock.

Goff MCF

As of close of business on November 18, 2019 Goff MCF beneficially owned (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock.

Percentage: 28.4%

ii.

Powers

1. Sole power to vote or direct vote: 30,766,377

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 30,766,377

4. Shared power to dispose or direct the disposition: 0

iii.

The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

GFS Contango

As of close of business on November 18, 2019, GFS Contango, as the general partner of Goff MCF, may be deemed to beneficially own (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock.

Percentage: 28.4%

ii.

Powers

1. Sole power to vote or direct vote: 30,766,377

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 30,766,377

4. Shared power to dispose or direct the disposition: 0

iii.

GFS Contango GP has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

Goff Family Trust

As of close of business on November 18, 2019, Goff Family Trust, as managing member of GFT and controlling shareholder of Goff Capital, and with respect to the Common Stock, Series A Preferred Stock, and Series B Preferred Stock directly beneficially owned by Goff Family Trust, may be deemed to beneficially own: (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock owned by Goff MCF, (2) 72,764 shares of Common Stock owned by Goff Investments, and (3) 2,312,936 shares of Common Stock owned by Goff Family Trust directly.

Percentage: 30.6%

ii.

Powers

1. Sole power to vote or direct vote: 33,152,077

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 33,152,077

4. Shared power to dispose or direct the disposition: 0

iii.

Goff Family Trust has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. Goff Capital has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFT has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Management has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

Family Investments

As of close of business on November 18, 2019, Family Investments beneficially owned 72,764 shares of Common Stock.

Percentage: 0.1%

ii.

Powers

1. Sole power to vote or direct vote: 72,764

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 72,764

4. Shared power to dispose or direct the disposition: 0

iii.

Family Investments has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days.

Goff Capital

As of close of business on November 18, 2019, Goff Capital, as the General Partner of Family Investments, may be deemed to beneficially own 72,764 shares of Common Stock.

Percentage: 0.1%

ii.

Powers

1. Sole power to vote or direct vote: 72,764

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 72,764

4. Shared power to dispose or direct the disposition: 0

iii.

Goff Capital has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. Family Investments has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days.

GFS Management

As of close of business on November 18, 2019, GFS Management, as managing member of GFS Contango GP may be deemed to beneficially own (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock.

Percentage: 28.4%

ii.

Powers

1. Sole power to vote or direct vote: 30,766,377

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 30,766,377

4. Shared power to dispose or direct the disposition: 0

iii.

GFS Management has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Contango GP has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

GFS

As of close of business on November 18, 2019, GFS, as managing member of GFS Management may be deemed to beneficially own (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock.

Percentage: 28.4%

ii.

Powers

1. Sole power to vote or direct vote: 30,766,377

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 30,766,377

4. Shared power to dispose or direct the disposition: 0

iii.

GFS has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Management has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Contango GP has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

GFT

As of close of business on November 18, 2019, GFT, as controlling equity holder of GFS may be deemed to beneficially own (1) 20,622,357 shares of Common Stock, (2) 694,737 shares of Series A Preferred Stock, and (3) 319,665 shares of Series B Preferred Stock.

Percentage: 28.4%

ii.

Powers

1. Sole power to vote or direct vote: 30,766,377

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 30,766,377

4. Shared power to dispose or direct the disposition: 0

iii.

GFT has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Management has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. GFS Contango GP has not entered into any transactions in the Common Stock, Series A Preferred Stock, or Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

John C. Goff

As of close of business on November 18, 2019, John C. Goff, as Chief Executive Officer of Goff Capital, as trustee of Goff Family Trust, and with respect to the Common Stock, Series A Preferred Stock, and Series B Preferred Stock indirectly beneficially owned by him; John C. Goff may be deemed the beneficial owner of the (1) 20,622,357 shares of Common Stock, 694,737 shares of Series A Preferred Stock, and 319,665 shares of Series B Preferred Stock owned by Goff MCF, (2) 2,312,936 shares of Common Stock owned by Goff Family Trust, (3) 72,764 shares of Common Stock owned by Family Investments, and (4) 2,296,268 shares of Common Stock, 94,737 shares of Series A Preferred Stock, and 34,423 shares of Series B Preferred Stock owned by John C. Goff directly.

Percentage: 33.9%

ii.

Powers

1. Sole power to vote or direct vote: 36,739,945

2. Shared power to dispose or direct the disposition: 0

3. Sole power to dispose or direct the disposition: 36,739,945

4. Shared power to dispose or direct the disposition: 0

iii.

The transactions in the Series B Preferred Stock by John C. Goff during the past sixty days are set forth in Schedule A and are incorporated herein by reference. Goff Family Trust has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. Goff Capital has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. Family Investments has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. GFT has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. GFS has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. GFS Management has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. GFS Contango GP has not entered into any transactions in the Common Stock, Series A Preferred Stock, and Series B Preferred Stock during the past sixty days. The transactions in the Series B Preferred Stock, if any, by Goff MCF during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

As general partner of Family Investments, Goff Capital may be deemed to have the power or shared power to vote or direct the vote of and the power or shared power to dispose or direct the disposition of the Common Stock directly held by Family Investments. Goff Capital disclaims beneficial ownership of the Common Stock directly held by Family Investments, except to the extent of its pecuniary interest therein.

As general partner of Goff MCF, GFS Contango GP may be deemed to have the power or shared power to vote or direct the vote of and the power or shared power to dispose or direct the disposition of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF. GFS Contango disclaims beneficial ownership of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, except to the extent of its pecuniary interest therein.

As managing member of GFS Contango, GFS Management may be deemed to have the shared power to vote or direct the vote of and the shared power to dispose or direct the disposition of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF. GFS Management disclaims beneficial ownership of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, except to the extent of its pecuniary interest therein.

As managing member of GFS Management, GFS may be deemed to have the shared power to vote or direct the vote of and the shared power to dispose or direct the disposition of the Common Stock , Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF. GFS disclaims beneficial ownership of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, except to the extent of its pecuniary interest therein.

As controlling equity holder of GFS, GFT may be deemed to have the shared power to vote or direct the vote of and the shared power to dispose or direct the disposition of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF. GFS disclaims beneficial ownership of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, except to the extent of its pecuniary interest therein.

As managing member of GFT and controlling shareholder of Goff Capital, Goff Family Trust may be deemed to have the shared power to vote or direct the vote of and the shared power to dispose or direct the disposition of the Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, Family Investments and Goff Family Trust. Goff Family Trust disclaims beneficial ownership of those shares of Common Stock, Series A Preferred Stock and Series B Preferred Stock held directly by Goff MCF and Family Investments, except to the extent of its pecuniary interest therein.

As Chief Executive Officer of Goff Capital and as sole trustee of Goff Family Trust, John C. Goff may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the shares of Common Stock, Series A Preferred Stock and Series B Preferred Stock directly held by Goff MCF, Goff Family Trust, Family Investments and indirectly through a SEP IRA, of which Mr. Goff is the beneficiary. Mr. Goff disclaims beneficial ownership of those shares of Common Stock, Series A Preferred Stock and Series B Preferred Stock held directly by Goff MCF, Family Investments and the Goff Family Trust, except to the extent of his pecuniary interest therein.

No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Common Stock, Series A Preferred Stock and Series B Preferred Stock.

SIGNATURES ON THE FOLLOWING PAGE

SIGNATURES

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.

Dated: November 18, 2019


John C. Goff		GFS Contango GP, LLC
			By: its Managing Member, GFS Management, LLC
By:	/s/ John C. Goff		By: its Managing Member, Goff Focused Strategies LLC

Goff MCF Partners, LP
	By: its General Partner, GFS Contango GP, LLC
		By:	/s/ John C. Goff
		John C. Goff, Chief Executive Officer

By:	/s/ John C. Goff	GFS Management, LLC
	John C. Goff, Chief Executive Officer		By: its Managing Member, Goff Focused Strategies LLC

Goff Family Investments, LP
	By: its General Partner, Goff Capital, Inc.
		By:	/s/ John C. Goff
		John C. Goff, Chief Executive Officer
By:	/s/ John C. Goff
	John C. Goff, Chief Executive Officer	Goff Focused Strategies LLC

Goff Capital, Inc.
		By:	/s/ John C. Goff
			John C. Goff, Chief Executive Officer

By:	/s/ John C. Goff
	John C. Goff, Chief Executive Officer	GFT Strategies, LLC
John C. Goff 2010 Family Trust			By: its managing member, John C. Goff 2010 Family Trust

By:	/s/ John C. Goff	By:	/s/ John C. Goff
	John C. Goff, Sole Trustee	John C. Goff, Trustee

Transactions in the Series B Preferred Stock During the Past Sixty Days


Goff MCF
Date of Purchase	# of shares		Price per share
10/30/2019		319,665	$	20.00
TOTAL:		319,665	$	20.00


John C. Goff
Date of Purchase	# of shares		Price per share
10/30/2019		34,423	$	20.00
TOTAL:		34,423	$	20.00