US Shale Producer Callon Petroleum Addresses Debt with $170 Million Asset Sales
Transaction Type
Sellers
Basin
Permian Basin; Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
$140.0MM
Description
Bought an ORRI in substantially all Callon-operated oil and gas leaseholds in the Permian Basin and Eagle Ford Shale; consists of a 2% (on an 8/8ths basis) ORRI, proportionately reduced to Callon’s net revenue interest.