Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Callon Petroleum Co. announced the retirement of L. Richard Flury as chair from its board of directors following the company’s upcoming annual shareholder meeting.
Board chair since 2017 and a director of Callon for nineteen years, Flury contributed to Callon’s high-return acquisitions during his time at the company.
"With guidance from Richard's deep experience in the energy industry, Callon has built a high-quality asset base of more than 200,000 gross acres in the leading oil plays in the Permian Basin and Eagle Ford Shale that has allowed us to profitably grow our production throughout his tenure," said president and CEO Joe Gatto.
Leading up to the shareholder meeting, Matthew R. Bob will serve as chair-elect, to be appointed as chair following Flury’s retirement. Bob has served on Callon’s board of directors since 2014 and is currently the chair of the compensation committee.
Also retiring from the board following the upcoming shareholder meeting after five years is James M. Trimble—in accordance with Callon’s mandatory retirement policy.
Callon Petroleum is an independent oil and natural gas company with acquisitions, exploration and development operations in Texas.
Recommended Reading
SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’
2024-03-28 - In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”
SM Energy Declares Quarterly Cash Dividend
2024-03-26 - SM Energy’s dividend will be paid out on May 3 to stockholders on record as of April 19.
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
Par Pacific Asset-based Revolving Credit Bumped Up by 55%
2024-03-25 - The amendment increases Par Pacific Holdings’ existing asset-based revolving credit facility to $1.4 billion from $900 million.
California Resources Corp. Nominates Christian Kendall to Board of Directors
2024-03-21 - California Resources Corp. has nominated Christian Kendall, former president and CEO of Denbury, to serve on its board.