One-Page Deal Sheet
Callon Sells Non-Core Eagle Ford Asset for $100 Million in Cash
Not Disclosed Callon Petroleum Co.
Announced Date
October 11,2021
Close Date
November 19,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
100
Asset/Basin:
["Eagle Ford Shale"]
TargetZones:
["Eagle Ford Shale"]
Net Acres
% Oil:
Location
Calculated Metrics( EV/Category)
Region
Gulf Coast
Country
United States
State
Texas
County
La Salle ,Frio
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
As part of the closure on its Primexx deal, Callon Petroleum has entered into an agreement to sell non-core acreage in the Eagle Ford Shale for cash proceeds of approximately $100 million.
The buyer was not disclosed.
Deal Details: Acreage: 22,000 net acres in northern LaSalle and Frio counties Production: Net daily production from the properties was approximately 1,900 Boe/d (66% oil)The sale will eliminate approximately $50 million in capital expenditures related to continuous drilling obligations over the next two years and allows for capital redeployment to higher return projects.
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Aug-14-2023 |
-  |
- |
Click here | Texas | E&P |
| Jul-13-2023 |
- |
- |
Click here | Wyoming | E&P |
| May-03-2023 |
- |
- |
Click here | Texas | E&P |
| Feb-28-2023 |
- |
- |
Click here | Texas | E&P |
| Feb-21-2023 |
- |
- |
Click here | Texas | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | - |
- |
| Nov-12-2025 | Baytex Energy Exits United States in $2.305B Eagle Ford Divestiture | - |
- |
| Nov-03-2025 | Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM | - |
- |