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Callon Petroleum Co CPE.P.A


Primary Symbol: CPE

Callon Petroleum Company is an independent oil and natural gas company. The Company is focused on the acquisition, exploration and sustainable development of high-quality assets in the Permian Basin in West Texas. Its operations are focused on the oil-weighted Delaware and Midland Basins in West Texas. The Company utilizes horizontal drilling and its Life of Field Co-development model to develop its acreage. The Company has predominantly focused on the horizontal development of several prospective intervals including multiple levels of the Wolfcamp and Bone Springs in the Delaware Basin. In the Midland Basin, the Company’s primary intervals include the Wolfcamp and Spraberry shales. It has an acreage position of approximately 145,000 net acres in the core of the Permian Basin.


NYSE:CPE - Post by User

Bullboard Posts
Post by ajootianon Nov 23, 2002 5:31pm
598 Views
Post# 5610272

The CPE Hype Campaign is Now in Full Swing!

The CPE Hype Campaign is Now in Full Swing!See https://messages.yahoo.com/bbs?.mm=FN&action=m&board=7083125&tid=mur&sid=7083125& mid=271 The table is now set and we have Frank Bracken at Jefferies leading the charge, reiterating his "buy" on the stock after the 3Q earnings release, when the stock was at $5.50. Friedman Billings is right behind him and also pounding the table but not so hard. Wouldn't be surprised if one of Fred Callon's buddies is bidding up the stock price here, to keep up the momentum. Since the stock is so thinly traded it takes miniscule $$$ to make this thing move. No interest in the retail community at all yet, but that's OK, we will need you guys to take this thing over $10 next spring when initial production at Medusa is announced and the company gets "strong buy" recommendations from several major wirehouses. I have now bought all the shares in this that I dare, and now I'll just take a seat in the bleachers and watch the show!
Bullboard Posts