Callon Petroleum Company today announced that it has filed an investor presentation with the Securities and Exchange Commission in connection with its previously announced pending all-stock acquisition of Carrizo Oil & Gas, Inc. The investor presentation is available on the Investor Relations section of the Company's website. Highlights of the transaction include: Combines Complementary High-Quality Assets to Create a [...]
Paulson & Co. Inc., as manager of funds holding 21.6 million shares, or 9.5% of those outstanding, of Callon Petroleum Company, today sent a follow-up letter to the board of Callon, released a presentation exposing numerous flaws in Callon's statements of the purported benefits of the proposed acquisition of Carrizo Oil & Gas Inc. and reiterated its opposition to the deal. Paulson's opposition is based on the following [...]
Reaffirms Full Year Operational CAPEX Guidance of $495 - $520 Million Callon Petroleum Company today provided an interim operational update for the third quarter of 2019 including expected ranges for production, capital expenses, lease operating expenses and commodity pricing. Callon expects production for the third quarter of 2019 to be between 37.5 and 37.9 MBoed . Lease operating expenses for the period are expected [...]
Schedules November 14, 2019, Special Meeting of Shareholders to Vote on Transaction Appoints Three Current Carrizo Board Members to Join Board of the Combined Company Callon Petroleum Company today announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with the Company's pending all-stock acquisition of Carrizo Oil & Gas, Inc. . Callon will commence mailing [...]
Callon Petroleum Company plans to host a conference call to discuss its third quarter 2019 financial and operating results. Webcast and Conference Call: Date: November 5, 2019 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "IR Calendar" 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: 1044236 An archive [...]
Callon Petroleum Company today posted Investor Materials to the Company's website in connection with its pending all-stock acquisition of Carrizo Oil & Gas, Inc. The Investor Materials detail the benefits of the combined company, which will enable Callon to accelerate its free cash flow, capital efficiency and deleveraging goals through an optimized model of large-scale development. The Investor Materials are now [...]
Callon Petroleum Company today issued the following statement in response to the filing by Paulson & Co. Inc.: Callon maintains an open dialogue with all of our shareholders and welcomes constructive input toward the shared goal of maximizing shareholder value. Our Board of Directors is committed to acting in the best interests of Callon shareholders and will continue to take actions to deliver returns on their behalf [...]
- Urges Board and Management to Explore Sale of Company - - Callon's Stock Price Has Fallen by 36%, Resulting in $530 Million in Lost Shareholder Value - - Through Sale, Callon Could be Worth 64% More Than Current Value - Paulson & Co. Inc. , as manager of funds holding 21.6 million shares, or 9.5% of those outstanding, of Callon Petroleum Company , today sent a letter to the board of Callon. The letter informs Callon [...]
Callon Petroleum Company today announced that senior management plans to participate in the upcoming investor events: Simmons Energy European Energy Conference The Company will participate in the Simmons Energy European Energy Conference on Wednesday, August 28th, and Thursday August 29th, 2019. Barclays CEO Energy-Power Conference The Company will present at the Barclays CEO Energy-Power Conference on Wednesday [...]
Callon Petroleum Company today reported results of operations for the three and six months ended June 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. Second Quarter and Recent Highlights Increased production by 40% year-over-year to 40.5 Mboe/d Generated an operating [...]
Callon Petroleum Company plans to host a conference call to discuss its second quarter 2019 financial and operating results. Webcast and Conference Call: Date: August 7, 2019 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "IR Calendar" 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 [...]
Creates a Premier Oil-Weighted Mid-Cap with Peer-Leading Capital Efficiency and Cash Margins Materially Increases Scale with Over 100,000 Boe/d of Pro-Forma 1Q19 Production and 200,000 Net Acres in the Prolific Permian Basin and Eagle Ford Shale Highly Complementary Delaware Basin Footprint of Over 90,000 Net Acres to Accelerate Scaled Operations and Leverage Shared Infrastructure to Unlock Additional Value Immediately [...]