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Callon Picks Up Midland Basin Acreage from Big Star

Callon Petroleum Co. Big Star Oil & Gas LLC
AnnouncedApr 19, 2016
TypeProperty
LocationMidland Basin
Announced Date
April 19,2016
Close Date
May 31,2016
Transaction Type
Property




Snapshot
Asset/Basin:
{"Permian (Midland)"}
TargetZones:
{"Wolfcamp A","Lower
Net Acres
% Oil:

Net Operated Locations:

Proved Reserves

Location
Region
Permian

Country
United States

State
Texas

County
Howard ,Martin ,Borden ,Dawson

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Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)

Transaction Details:  Subscribe to see

Closing Announcement - May 31, 2016

Callon Petroleum Company announced the closing of its previously announced acquisition of certain assets in the Midland Basin operated by Big Star Oil and Gas, LLC, including approximately 17,298 gross (14,089 net) surface acres, primarily located in Howard County, Texas, with additional acreage in Martin, Borden and Dawson counties, Texas.

Including the previously announced area of mutual interest transaction in western Reagan County that closed earlier this month, the Big Star acquisition increases Callon's surface acreage position in the Midland Basin to…

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