Callon Petroleum Company Announces Haynesville Shale Development, 2010 Capital Budget and Provides Strategy and Operational Update
February 3rd, 2010NATCHEZ, Miss.–(BUSINESS WIRE)–Callon Petroleum Company (NYSE: CPE - News) today announced details regarding its strategy shift to diversify its asset base to onshore in order to increase visible growth potential, including a 2010 capital budget of $61.7 million and its first acquisition in the North Louisiana Haynesville Shale play.
“We’ve been working on this strategy shift [...]