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US: Callon Petroleum to acquire core Delaware Basin assets and exit Eagle Ford

Callon has entered into a definitive agreement to acquire the membership interests of Permian-based Percussion Petroleum Operating II in a cash and stock transaction valued at approx. $475 million and potential contingent payments of up to $62.5 million. Under a separate agreement, Callon agreed to sell all its assets in the Eagle Ford Shale to Ridgemar Energy Operating for $655 million in cash and potential contingent payments of up to $45 million.
United States Joe Gatto Eagle Ford Shale To Ridgemar Energy Callon Petroleum Development Model Company Permian

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BBCNEWS Talking Business June 4, 2024 16:56:00

Polluting heavy fuel oil and other fossil fuels. we need gas in the system. and also, why we need gas is because if we want to exceed 50% of our installed capacity based on renewables, we need to handle the intermittency of renewables in the system. the world banks recent report on morocco says that your government has a limited amount of cash to play with. and i am just wondering if you believe the funding, enough funding is going to be there to fulfil this ambition you have? i really dont thin...
Fossil Fuels Fuel Oil The World Bank Development Model Renewable Energy In Morocco

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