Edition:
United States

Profile: Callon Petroleum Co (CPE.N)

CPE.N on New York Stock Exchange

16.83USD
5 Dec 2016
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Callon Petroleum Company, incorporated on March 29, 1994, is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. The Company focuses on the acquisition, development, exploration and exploitation of unconventional, onshore, oil and natural gas reserves in the Permian Basin in West Texas and the Midland Basin. Its asset base is concentrated in the Midland Basin located within the broader Permian Basin. Its operations are focused on horizontal drilling of several prospective intervals, including multiple levels of the Wolfcamp formation and the Lower Spraberry shale.

The Company has drilled approximately 40 gross (over 27.1 net) horizontal, while completing approximately 30 gross (over 25.8 net) horizontal wells and a gross (approximately 0.4 net) vertical well. The Company owns leaseholds in approximately 17,670 net acres in the Permian Basin. Its Southern Midland Basin area consists of fields located in Upton, Reagan and Crockett Counties, Texas. Its Central Midland Basin area encompasses Midland, Ector, Andrews and Martin Counties.

The Company holds interest in approximately 630 net acres located on the Carpe Diem and Casselman-Bohannon fields (CaBo) in Midland, Andrews and Ector Counties, Texas, which are located in the central portion of the Midland Basin. Its horizontal wells produce from various zones, including Upper Wolfcamp B, Lower Wolfcamp B and Wolfcamp A in Southern Midland Basin, and Lower Spraberry, Middle Spraberry and Wolfcamp B in Central Midland Basin. The Company owns additional immaterial properties in Louisiana.

Company Address

Callon Petroleum Co

200 N CANAL ST
NATCHEZ   MS   39120
P: +1601.4421601
F: +1601.4461410

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