New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
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
Sign up for a free trial to see the rest of the stories you've been missing.
February 1, 2016
07:38 EDTCPECallon Petroleum sees FY16 net daily production 11,500-12,000 BOE/d
Subscribe for More Information
07:36 EDTCPECallon Petroleum sees Q4 net daily production 10,500-10,700 BOE/d
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use