EXHIBIT 99.1

                          CONTANGO OIL & GAS COMPANY
                       3700 Buffalo Speedway, Suite 960
                             Houston, Texas 77098
                             (713) 960-1901 Phone
                              (713) 960-1065 Fax



April 18, 2002



United States Securities and Exchange Commission
Washington. D.C. 20549-0410


Ladies and Gentlemen:

     Arthur Andersen LLP has represented to Contango Oil & Gas Company ("the
Company") that its audits were subject to Andersen's quality control system for
the U.S. accounting and auditing practice to provide reasonable assurance that
the engagement was conducted in compliance with professional standards and that
there was appropriate continuity of Andersen personnel working on the audit and
availability of national office consultation.  Availability of personnel at
foreign affiliates is not relevant to these audits.

Very truly yours,

/s/  KENNETH R. PEAK

Kenneth R. Peak
President and Chief Executive Officer