Callon Petroleum Closes Asset Purchase & Sale Deals, Trims Debt & Authorizes $300M Share Buyback
Benzinga
JULY 5, 2023
Callon Petroleum Co (NYSE: CPE ) disclosed the closure of its previously announced acquisition of Delaware Basin assets and divestiture of Eagle Ford assets. The company bought Delaware Basin assets from Percussion Petroleum Operating II, LLC for $249 million in cash and around 6.3 million of its common shares.
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