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BRIEF-Contango Oil & Gas Production revised 2017 budget to a total of $57.5 mln

May 9 Contango Oil & Gas Co

* Production of 5.2 BCFE for quarter, or 57.6 mmcfed

* Production guidance for Q2 of 2017 is expected to be relatively flat with Q1, or 54 - 59 mmcfed

* Revised 2017 budget to a total of $57.5 million. Source text for Eikon: Further company coverage:

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