Callon Petroleum Company today announced the expiration and final tender results of its previously announced cash tender offers for any and all of its 8.000% Senior Notes due 2028 and any and all of its 7.500% Senior Notes due 2030 . The terms and conditions of the Offers and the Consent Solicitations are set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 . The Offers and the [...]
Callon Petroleum Company today announced the pricing terms of its previously announced cash tender offers for any and all of its 8.000% Senior Notes due 2028 and any and all of its 7.500% Senior Notes due 2030 . The terms and conditions of the Offers and the Consent Solicitations are set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 . As previously announced, the Offers are [...]
Callon Petroleum Company today announced the early tender results of its previously announced cash tender offers for any and all of its 8.000% Senior Notes due 2028 and any and all of its 7.500% Senior Notes due 2030 . The terms and conditions of the Offers and the Consent Solicitations are set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 . According to information provided [...]
Callon Petroleum Company today announced that it has commenced cash tender offers for any and all of its 8.000% Senior Notes due 2028 and any and all of its 7.500% Senior Notes due 2030 , upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of March 1, 2024 . The Offers will expire at 11:59 p.m., New York City time, on March 28, 2024, unless extended or earlier [...]
Fourth quarter results top expectations for production Long-term debt further reduced to $1.9 billion Realized reductions in well costs and gains in well productivity to drive 2024 capital efficiency Callon Petroleum Company today reported fourth quarter and full year 2023 financial and operating results. Due to the pending merger with APA Corporation , Callon will not host a conference call or webcast to discuss its [...]
Complements and enhances APA's asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA's high-quality, short-cycle development inventory and increases oil mix; and Strengthens APA's position as a leading, diversified independent E&P with pro forma production of more than 500,000 barrels of oil equivalent per day and pro forma enterprise value in excess of $21 billion.* APA [...]
Reduced long-term debt to $1.9 billion Reiterated full-year 2023 capital expenditure outlook of $960 - $980 million Recent efficiency gains are expected to reduce 2024 drilling, completion, and facilities costs by more than 15% per well Callon Petroleum Company today reported third quarter 2023 financial and operating results. A conference call is planned for 8 a.m. CT, Thursday, November 2; participation details can be [...]
Callon Petroleum Company plans to host a conference call to discuss its third quarter 2023 financial and operating results. Webcast: Date: November 2, 2023 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to [...]
HOUSTON, Oct. 4, 2023 /PRNewswire/ -- Callon Petroleum Company today announces the publication of its 2022 Sustainability Report, highlighting the Company's progress and initiatives on environmental commitments, social responsibility, and sustainable governance practices. Highlights from Callon's 2022 Sustainability Report include: Significant reduction in GHG intensity: Callon has achieved a 40% reduction in Scope 1 GHG [...]
Delivered 7% sequential production growth Capital expenditures at low end of guidance 13th straight quarter of delivering adjusted free cash flow Share buyback program to commence in 3Q Callon Petroleum Company today reported second quarter 2023 financial and operating results. A conference call to discuss the results is planned for 8 a.m. CDT, Thursday, August 3. Slides accompanying today's release are available at [...]
Callon Petroleum Company plans to host a conference call to discuss its second quarter 2023 financial and operating results. Webcast: Date: August 3, 2023 Time: 8:00 a.m. Central Time Webcast: www.callon.com Select "News/Events" under the "Investors" section of the website. An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website. The Company plans to [...]
Reduces Outstanding Debt by Approximately $300 Million Will Commence Share Buyback Program in the Third Quarter Callon Petroleum Company today announced that it closed its previously announced acquisition of Delaware Basin assets from Percussion Petroleum Operating II, LLC and the sale of its Eagle Ford assets to Ridgemar Energy Operating, LLC on July 3, 2023. "We are excited to announce the completion of another [...]