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Decoding the Delaware: How E&Ps Are Unlocking the Future

The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers. ....

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Callon Petroleum Shedding Eagle Ford Assets, Expanding in Permian

Callon Petroleum Co. is exiting the Eagle Ford Shale and expanding its Permian Basin position through a pair of transactions, management said. ....

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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. ....

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Callon Petroleum acquires Permian basin assets for $475 million, exits Eagle Ford

Callon's operations will be focused on its more than 145,000 net acres in the prolific Permian basin, executing its proven "Life of Field" Co-Development Model on an expanded Delaware Basin footprint. ....

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Callon to acquire core Delaware basin assets and exit Eagle Ford

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. ....

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