Callon Petroleum To Sell Piece Of Permian Basin Position For Up To $320 Million

Transaction Type
Permian Basin/Midland Basin
Announce Date
Post Date
Close Date
Estimated Price

Purchased Ranger operating position within the Midland Basin of the Permian comprising 85% WI in 9,850 net Wolfcamp acres averaging about 4,000 boe/d (52% oil) of production; purchase price includes contigency payments tied to oil prices of up to $60 MM.