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Callon To Acquire Core Delaware Basin Assets And Exit Eagle Ford

PRIVATEMay 03, 2023

Acquiring Company

Callon Petroleum

Acquired Company

Basin Assets

HoustonEnergyOil And Gas

Description

Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today signed two definitive agreements that streamline and focus Callon's operations, accelerate the achievement of its debt reduction target and allow for the initiation of a shareholder return program in the third quarter of 2023.

Quick answer

Callon Petroleum is acquiring Basin Assets, announced May 3, 2023. Callon Petroleum is based in Houston, Texas, United States.

How much did Callon Petroleum pay for Basin Assets?
The deal value was not disclosed.
What does Callon Petroleum do?
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
Where are Callon Petroleum and Basin Assets based?
Callon Petroleum is based in Houston, Texas, United States.
Who are the decision-makers at Callon Petroleum?
Fundz holds 1 contact at Callon Petroleum. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Callon Petroleum

Location

Houston, Texas, United States

About

Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.

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Frequently asked

Who acquired Basin Assets?

Basin Assets was acquired by Callon Petroleum, based in Houston. The deal was reported on May 3, 2023. Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas. Callon Petroleum is privately held and operates in Energy.

When did Callon Petroleum acquire Basin Assets?

Callon Petroleum's acquisition of Basin Assets was reported on May 3, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Basin Assets do?

Basin Assets is the company acquired in this transaction. It is privately held.

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