Posts Tagged ‘Callon Petroleum Company’

Callon Petroleum to sell shares to fund acquisition in Texas

NATCHEZ — Callon Petroleum Company is selling stock to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company will sell 12.5 million shares, giving the brokerages underwriting the sale the option to buy up to another 1.875 million shares. At current prices, Callon […] [...]

Callon, Lone Star reach agreement on board of directors

NATCHEZ — Callon Petroleum Company has reached an agreement with Lone Star Value Management, LLC. Pursuant to the agreement, Callon has agreed to expand the size of its board of directors from six to eight directors and to designate two new independent directors — Matthew Regis Bob, managing member of MB Exploration, and James M. […] [...]

Callon issues statement on Lone Star board candidates

NATCHEZ — Callon Petroleum Company (NYSE: CPE) has confirmed that Lone Star Value Management has filed notice to nominate two candidates to stand for election to Callon’s board of directors at the 2014 Annual Meeting. Callon issued the following statement: “Callon’s board of directors and management team are fully committed to creating value for all […] [...]

Borrello named Callon VP/GM

by Published: April 24,2011

Tags: Callon Petroleum Company, Vince Borrello

Callon Petroleum Company announced that Vince Borrello has joined the company as vice president and general manager – Permian Basin Operations in Midland, Texas, and will be responsible for Callon’s operations and development activities in the Permian Basin. Borrello is a 14-year resident of Midland, and has been active in the Permian Basin oil and […] [...]

Wilson retiring, Nocchiero nominated

Callon Petroleum Company announced that one of its directors, Richard O. “Dick” Wilson, has informed the board of directors that he intends to retire from the board and not seek re-election when his term expires. He will continue to serve as a director until the adjournment of the 2011 Annual Meeting of Shareholders May 12. […] [...]

Callon adds new team members

Callon Petroleum Company has announced several employees have joined the company to assist it in enhancing and implementing its new technical and financial objectives. Gary Newberry is now vice president, production and development. He is a graduate of Marietta College with a bachelor’s degree in petroleum engineering. Newberry joined Callon at the first of the […] [...]

Callon brings in Newberry

by Published: April 11,2010

Tags: Callon Petroleum Company, Gary Newberry

Callon Petroleum Company announces that Gary Newberry has joined the company as vice president, production and development. He will be responsible for all of Callon’s production operations, engineering, and development activity. Newberry joins Callon after 33 years with Marathon Oil Company, where his production operations, drilling and project execution experience in the Gulf of Mexico, […] [...]

Callon boosts year-end proven reserves

by Published: February 2,2010

Tags: Callon Petroleum Company, energy, oil and gas

NATCHEZ — Callon Petroleum Company ended 2009 with estimated net proved reserves of 58 billion cubic feet of natural gas equivalent (Bcfe), compared to 2008 year-end proved reserves of 54.8 Bcfe, a 6 percent increase. The 2009 year-end reserves were 67 percent crude oil. Callon added 15 Bcfe of net proven reserves replacing 127 percent […] [...]

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