Callon Petroleum Company

Callon Petroleum Company plans to host a conference call to discuss its fourth quarter 2019 financial and operating results. Webcast and Conference Call: Date: Thursday, February 27, 2020 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News and Events" under the "Investors" section of the website. Conference Call: Domestic: 1-888-317-6003 Canada: 1-866-284-3684 International: 1-412-317-6061 Access code [...]

Callon Petroleum Company today announced that it has completed its acquisition of Carrizo Oil & Gas, Inc. As previously announced, current Carrizo shareholders will receive 1.75 shares of Callon common stock for each share of Carrizo common stock they own. After the close of trading today, Carrizo common stock will no longer be listed for trading on the NASDAQ. In addition, Carrizo intends to request that its reporting [...]

Callon Petroleum Company and Carrizo Oil & Gas, Inc. today announced that both companies' common shareholders voted to approve all proposals necessary for the parties' pending all-stock transaction at today's respective special meetings held by each company. The merger is expected to close by end of business today, December 20, 2019. Under the terms of the merger agreement, Carrizo shareholders will receive 1.75 shares of [...]

Callon Petroleum Company and Carrizo Oil & Gas, Inc. today announced that proxy advisory firm Institutional Shareholder Services, upon review of Callon's revised offer, now recommends that Callon shareholders vote "FOR" the acquisition of Carrizo and related proposals, as put forth in the proxy supplement filed on November 18, 2019. Additionally, ISS maintained its recommendation that Carrizo common shareholders vote [...]

 Paulson & Co. Inc. , as manager of funds holding shares of Callon Petroleum Company , announced it no longer opposes the proposed acquisition of Carrizo Oil & Gas Inc. and will vote its shares in favor of the transaction.  The revised merger terms provide substantial benefits to Callon shareholders.  The revision reduces the exchange ratio from 2.05 to 1.75, reduces the premium paid to Carrizo from 25% to 6.7%, lowers [...]

Carrizo Oil & Gas Inc. and Callon Petroleum Company today made announcements regarding the record dates for their respective reconvened special meetings of shareholders to consider and vote on matters relating to the Agreement and Plan of Merger, as amended, by and between Callon and Carrizo. Callon and Carrizo also announced that they will file later today supplemental proxy materials reflecting the amended terms of the [...]

Callon Petroleum Company and Carrizo Oil & Gas, Inc. today announced an amendment to the existing terms of their agreement for Callon to acquire Carrizo in an all-stock transaction. Under the amended terms, Carrizo shareholders will receive 1.75 shares of Callon common stock for each share of Carrizo common stock they own. With the amended exchange ratio, Callon shareholders will own approximately 58% of the combined [...]

Paulson & Co. Inc., as manager of funds holding 21.6 million shares, or 9.5% of those outstanding, of Callon Petroleum Company, today voted its Callon shares against the proposed acquisition of Carrizo Oil & Gas Inc. . Paulson notes that Institutional Shareholder Services and Glass Lewis & Co. both recommend that Callon shareholders vote against the Company's proposed acquisition of Carrizo.  Both proxy advisors provide [...]

 Callon Petroleum Company today reported results of operations for the three and nine months ended September 30, 2019. 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 and Recent Highlights Increased production by 8% year-over-year to 37.8 Mboe/d Generated an operating [...]

 Callon Petroleum Company issued the following statement in response to a report by Institutional Shareholder Services regarding Callon's all-stock acquisition of Carrizo Oil & Gas, Inc. . Callon strongly disagrees with ISS's recommendation and believes the following points are essential to understanding the merits of the transaction: Callon's stated strategy remains unchanged: As we have articulated in numerous quarterly [...]