Callon Petroleum Company (NYSE: CPE) is an independent oil and gas exploration & production (E&P) company operating both offshore and onshore in the United States. The Company generates the majority of its free cash flow from its offshore fields in the U.S. Gulf of Mexico, both on the shelf and in the deepwater regions. Callon has a non-operated interest in two deepwater fields — Medusa and Habanero, which produce the majority of the Company's cash flow that Callon is reinvesting onshore into the Permian Basin for growing oil production...


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