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Callon Petroleum Names Former EP Energy Chief as COO

Callon Petroleum (CPE) Announces Chief Operating Officer Transition

Callon Petroleum (CPE) Announces Chief Operating Officer Transition
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CALLON PETROLEUM COMPANY ANNOUNCES CHIEF OPERATING OFFICER TRANSITION

US: Callon Petroleum to acquire core Delaware Basin assets and exit Eagle Ford

Callon has entered into a definitive agreement to acquire the membership interests of Permian-based Percussion Petroleum Operating II in a cash and stock transaction valued at approx. $475 million and potential contingent payments of up to $62.5 million. Under a separate agreement, Callon agreed to sell all its assets in the Eagle Ford Shale to Ridgemar Energy Operating for $655 million in cash and potential contingent payments of up to $45 million.

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