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Home > Company Index > Energy > Oil & Gas Exploration & Production > Callon Petroleum Company

Callon Petroleum Company
NYSE: CPE
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 PROFILE
Callon Petroleum uses the new to find the old, employing computer-aided techniques such as 3-D surveys to explore and develop oil and gas properties. It also focuses on acquiring properties. Most of the firm's holdings are in federal waters in the Gulf of Mexico, although some are onshore in Alabama and Louisiana. Callon's estimated proved reserves are 33.4 million barrels of oil and 129.9 billion cu. ft. of natural gas. The firm owns working and royalty interests in about 250 producing oil wells and 290 producing gas wells. Natural gas accounts for about 91% of its daily production. The company collaborates with Murphy Oil, BP and others in its offshore exploration.

 COMPETITION
Apache Corporation (APA)
Royal Dutch/Shell Group (dossier)
Texaco Inc. (TX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 58.10
1-Yr. Sales Growth: 56.6%
Employees: 99
Revenue per employee: $586,868.69

 KEY PEOPLE
• Fred L. Callon
    CEO
• John S. Weatherly
    CFO

 CONTACT INFO
200 N. Canal St.
Natchez, MS 39120
US
Phone: 601-442-1601
Fax: 601-446-1410
Online: Web Site

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