Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties in the United States. The company is headquartered in Houston, Texas and currently employs 354 full-time employees. The firm is focused on the acquisition, exploration and sustainable development of assets in the Permian Basin in West Texas. The firm's operations are focused on the oil-weighted Delaware and Midland Basins in West Texas. The firm utilizes horizontal drilling and its life of field co-development model to develop its acreage. The firm has predominantly focused on the horizontal development of several prospective intervals including multiple levels of the Wolfcamp and Bone Springs in the Delaware Basin. In the Midland Basin, the Company’s primary intervals include the Wolfcamp and Spraberry shales. The firm has an acreage position of approximately 145,000 net acres in the core of the Permian Basin.

Industry: Crude Petroleum & Natural Gas Peers: California Resources Corp Permian Resources Corp CNX Resources Corp ConocoPhillips STR Sub Inc. Gulfport Energy Corp Highpeak Energy Inc Northern Oil and Gas Inc Kosmos Energy Ltd