Contango Ore, Inc. announced that the company's Board of Directors has named Ms. Leah Gaines as Vice President, Chief Financial Officer, Chief Accounting Officer, Treasurer and Secretary. The appointment of Ms. Gaines follows the resignation of Mr. Sergio Castro and Ms. Yaroslava Makalskaya as a result of the merger between Contango Oil and Gas Company and Crimson Exploration Inc. Mr. Sergio Castro and Ms. Yaroslava Makalskaya are also officers of Contango Oil and Gas Company where they will have increased responsibilities after the merger. Ms. Gaines also serves as Vice President and Chief Financial Officer of Juneau Exploration, LP, since October 2010.

Prior to joining Juneau Exploration, she served as the Controller for Beryl Oil and Gas, LP and Beryl Resources LP from July 2007 to December 2009.