| Business Summary | | Callon
Petroleum
Company
is
engaged
in
the
exploration,
development,
acquisition
and
production
of
oil
and
gas
properties.
The
Company's
properties
are
geographically
concentrated
primarily
offshore
in
the
Gulf
of
Mexico
and
onshore
in
Louisiana
and
Alabama.
Over
the
past
five
years,
the
Company
has
also
placed
emphasis
on
the
acquisition
of
acreage
with
exploration
and
development
drilling
opportunities
in
the
Gulf
of
Mexico
Shelf
area.
As
of
December
31,
2000,
the
Company's
estimated
net
proved
reserves
totaled
33.4
million
barrels
of
oil
(MBbl)
and
133.4
billion
cubic
feet
of
natural
gas
(Bcf).
Gas
constitutes
approximately
40%
of
the
Company's
total
estimated
proved
reserves,
and
approximately
20%
of
the
Company's
reserves
are
proved
producing
reserves. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Callon
Petroleum
Company
is
engaged
in
the
exploration,
development,
acquisition
and
production
of
oil
and
gas
properties.
For
the
six
months
ended
6/30/01,
total
revenues
increased
55%
to
$38.5
million.
Net
income
applicable
to
Common
increased
from
$3.2
million
to
$9
million.
Revenues
reflect
an
increase
in
the
pice
of
gas
and
gas
equivalents.
Net
income
also
reflects
improved
operating
margins
and
a
decrease
in
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Callon, 81 Chairman | -- | Fred Callon, 51 Pres,
CEO | $504K | John Weatherly, 49 Sr.
VP, CFO | 404K | Dennis Christian, 54 Sr.
VP, COO | 465K | Thomas Schwager, 50 VP,
Engineering and Operations | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|