Archive for the ‘Callon Petroleum Co’ Category
Callon closes sale of noncore Midland assets
June 13th, 2019 by Latest News
Callon Petroleum Co., Natchez, Miss., has closed on the sale of noncore assets in the southern Midland basin to Sequitur Permian LLC for net cash proceeds of $245 million. Proceeds do not include potential contingent consideration payments of up to $60…
Jeffrey S. Balmer will join Callon Petroleum Co., Natchez, Miss., this month and succeed Gary A. Newberry as senior vice-president and chief operating officer, effective Dec. 10. Newberry will retire from the company in January.
Callon to buy certain Permian basin assets from Cimarex for $570 million
May 24th, 2018 by Latest News
Callon Petroleum, Natchez, Miss., will acquire from Cimarex Energy Co., Denver, certain oil and gas properties principally in Ward County, Tex., for $570 million cash.
SM Energy makes another billion-dollar deal for Midland basin acreage
October 31st, 2016 by Latest News
SM Energy Co., Denver, has agreed to acquire 35,700 net acres in Howard and Martin counties of West Texas from Houston-based QStar LLC, a portfolio company of EnCap Investments LP and a related entity, for $1.1 billion in cash plus 13.4 million shares …
Callon Petroleum adds Midland basin acreage
June 1st, 2016 by Latest News
Callon Petroleum Co., Natchez, Miss., has completed its acquisition of certain assets in the Midland basin in Texas operated by Big Star Oil & Gas LLC, Midland, Tex., for $220 million in cash and 9.3 million shares of Callon common stock.