/PRNewswire/ Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that Matthew R. Bob has been named Chair of the Board of.
Callon Petroleum (CPE) Announces Board Changes streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced L. Richard Flury s intention to retire from the Board of.
Callon Petroleum (CPE) Announces Retirement of Board Chair streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
This is another chapter in the long-running dispute between
Eagle Oil & Gas Co. and. TRO-X, L.P. The litigation arises out of an agreement to acquire and sell oil and gas leases. Here, TRO-X alleges that Eagle failed to remit a share of revenues from production that commenced after the first suit between the parties ended.
Background
In 2005 TRO-X and Eagle entered into an acreage acquisition agreement for leases in Pecos and Reeves counties. The interests would be acquired in Eagle’s name for both parties. Each party could choose to retain a percentage of un-promoted working interests in the prospects, and the remaining interests would be sold to third parties. Profitable sales would yield either “cash proceeds” or “non-cash proceeds.” The agreement included an AMI.