Fred Callon, Chairman and Chief Executive Officer of Callon Petroleum (NYSE: CPE) presented today at EnerCom’s The Oil & Services Conference™ 10. Callon Petroleum Company is an independent oil and natural gas company which since 1950 has been focused on building reserves and production both onshore and offshore through efficient operations and low finding and development costs.

During the company’s breakout session, management was asked the following questions:

  • What is the average cost per well that you are anticipating for your horizontal Permian development? How many stages are you planning on using?
  • What does your 2012 CAPEX look like and how much of you capital is being deployed to onshore vs your offshore assets?
  • What percentage of your CAPEX is funded through cash flow?
  • Are you looking to add to your onshore acreage positions and if so, where would you like to add?
  • You recently added a new build rig to you operations in the Permian. What are the terms of the contract on that rig?

Click here for the Callon Petroleum webcast.


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