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A&D - Callon expands in Delaware & Midland for $88 million - March 2019

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In its 2018 annual report, Permian pure-play Callon Petroleum announced West Texas acquisitions totaling $87.9 million within core areas of both the Midland and Delaware basins. The Midland assets are in Callon’s WildHorse area in Howard County while the Delaware assets bolster its Spur footprint in Ward County. According to an investor presentation, the Spur acquisition consists of 3,158 net acres (100% HBP, 77% NRI) of incremental working interests and infill leases that will......
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