Callon Petroleum Company today reported results of operations for the three months and full-year ended December 31, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. 2021 Highlights Full-year 2021 production of 95.6 MBoe/d Year-end proved reserves of 484.6 MMBoe with a [...]
Callon Petroleum Company plans to host a conference call to discuss its fourth quarter and full year 2021 financial and operating results. Webcast: Date: February 24, 2022 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The [...]
Callon Petroleum Company today announced the resignation of S.P. "Chip" Johnson IV from its Board of Directors , effective immediately. Mr. Johnson, former president, chief executive officer, and co-founder of Carrizo Oil and Gas, Inc. , joined the Board in December 2019 upon the completion of Callon's merger with Carrizo. "I am confident in the strategic direction of the Company and look forward to watching Callon's [...]
Callon Petroleum Company is pleased to announce the appointment of Mary Shafer-Malicki to its Board of Directors. Ms. Shafer-Malicki brings valuable experience in energy, governance, and strategy to the Callon Board. Over a career spanning more than 25 years at BP, she held domestic and international leadership roles across the energy value chain, including as CEO of BP Angola. Her significant board experience includes [...]
U.S. Well Services today announced it has entered into a contract to provide electric pressure pumping services for the operating subsidiaries of Callon Petroleum Company in the Permian Basin and the Eagle Ford Shale for up to three years. "We are excited to support Callon's long-term completion program and build off of our shared success from the field trial earlier this year where Callon eliminated 270,000 gallons of [...]
Callon Petroleum Company today reported results of operations for the three and nine months ended September 30, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Third Quarter 2021 and Recent Highlights Delivered production of approximately 99.7 MBoe/d in the third quarter of [...]
Announces Non-Core Eagle Ford Divestiture for $100 Million Increases 3rd Quarter Production Guidance and Provides Updated 2021 Full Year Guidance Callon Petroleum Company today announced that it has closed the acquisition of leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates. Callon President and Chief Executive Officer Joe Gatto commented, "We are excited to [...]
Callon Petroleum Company today announced that senior management plans to participate in the following upcoming investor events: Barclays' 2021 CEO Energy-Power Virtual Conference Joe Gatto, President and CEO, will participate in a webcast fireside chat at the Barclays' 2021 CEO Energy-Power Virtual Conference on Wednesday, September 8th, 2021 at 9:55am Central. Please visit the Company's website at http://www.callon.com [...]
Consolidates oil-weighted, high-margin Delaware Basin assets at an attractive valuation Accelerates deleveraging, reaching < 2x net debt / adjusted EBITDA sooner, pulling forward the timetable for potential shareholder returns Agreement with Kimmeridge to exchange Second Lien Senior Notes for common shares provides additional near-term deleveraging Combined transactions are accretive on key financial metrics and provide a [...]
Callon Petroleum Company today reported results of operations for the three and six months ended June 30, 2021. Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site. Second Quarter 2021 and Recent Highlights Delivered production of approximately 89.0 MBoe/d in the second quarter of 2021 [...]
Callon Petroleum Company today released its second annual sustainability report. The online report outlines Callon's commitment to environmental responsibility, health and safety, community engagement, governance, and business ethics. The report is available on the Company's website at www.callon.com/sustainability. Callon's 2020 Sustainability Report is informed by the Sustainability Accounting Standards Board standards [...]
Callon Petroleum Company plans to host a conference call to discuss its second quarter 2021 financial and operating results. Webcast: Date: August 4th, 2021 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News and Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to [...]