Callon Petroleum Discloses $40 Million Permian Basin Divestiture
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$40.0MM
Description
Purchased in multiple purchase and sale agreements natural gas-producing properties in the western Delaware Basin of the Permian plus a small undeveloped acreage position; current production is approximately 3,400 boe/d (25% oil).