US Shale Producer Callon Petroleum Addresses Debt with $170 Million Asset Sales

Transaction Type
Buyers
Basin
Permian Basin; Eagle Ford Shale
Announce Date
Post Date
Estimated Price
$30.0MM
Description

To buy substantially all of its nonoperated assets in the Permian Basin and Eagle Ford Shale with current production of about 1,600 boe/d (55% oil). (Expected to close November)