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February 3, 2014
08:25 EDTCPECallon Petroleum announces expected 120% raise in annual Permian production
Callon Petroleum announced 2013 production results and year-end reserve estimates, provided an operational update, and issued a 2014 capital budget and related guidance. 120% increase in 2014 average daily production based on the midpoint of guidance. Forecast of 4,700 - 5,100 Boepd compared to Permian Basin production of 2,228 Boepd in 2013. 58% net increase in total Permian Basin reserves, with 50% proved developed component, at year-end 2013. 9.7 MMBoe of Permian Basin proved reserve additions in 2013 with a "drill-bit F&D" cost of $15.32 per Boe. 282% increase in PV-10 Value of Permian Basin operations to $301M. Average 24-hour peak rate of over 1,100 Boepd from seven well completions in Q4.
News For CPE From The Last 14 Days
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February 13, 2015
08:31 EDTCPECallon Petroleum announces Bobby Weatherly to retire from company
Callon Petroleum announced that Bobby Weatherly will be retiring as an employee of the company effective February 15, 2015. Weatherly served as a Director from 1994 to 2014 and as Executive Vice President and Chief Financial Officer from 2006 to 2014. He will continue as a consultant and serve as Corporate Secretary.
February 12, 2015
06:10 EDTCPECallon Petroleum files $400M mixed securities shelf

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