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Former Carrizo CEO Chip Johnson Resigns from Callon Board

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   |    Monday,January 10,2022

Callon Petroleum Co. announced the resignation of S.P. "Chip" Johnson IV from its Board of Directors, effective immediately.

Mr. Johnson, former president, chief executive officer, and co-founder of Carrizo Oil and Gas Inc., joined the Board in December 2019 upon the completion of Callon's merger with Carrizo.

Johnson commented: "I am confident in the strategic direction of the Company and look forward to watching Callon's committed Board and management team continue to execute a disciplined strategy. It's been a pleasure to play a part in the successful integration of Callon and Carrizo following the completion of the combination two years ago."

With the resignation of Mr. Johnson and the recent appointment of Ms. Shafer-Malicki, the Company's Board of Directors now comprises eleven directors, ten of whom are independent, with three board members scheduled to retire over the next three years starting in May 2022.

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