May 2018

Callon Petroleum Company Announces Pricing of Upsized $400 Million Senior Unsecured Notes Offering

  NATCHEZ, Miss., May 31, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) announced today that it has priced $400 million aggregate principal amount of its 6.375% senior unsecured notes due 2026 (the “notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).  This represents an increase of $100 million over the aggregate principal amount previously

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 31, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that, subject to market and other conditions, it intends to offer $300 million aggregate principal amount of senior unsecured notes due 2026 (the “notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). A portion of the net proceeds from the offering

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 30, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) announced today the closing of its previously announced underwritten public offering of 25,300,000 shares of its common stock, including 3,300,000 shares sold to the underwriters pursuant to their over-allotment option to purchase additional shares, which the underwriters exercised on May 29, 2018.  Following this issuance, Callon now has 227,495,770 shares of common stock issued and

Lilis Energy Announces Strategic Transaction in the Texas Delaware Basin Through Exchange of Acreage

Hippo #2H Reached IP 24 of 2,149 Boepd, 77% Liquids, 478 Boepd per 1,000 ft. AG Hill #1H Reached IP 24 of 1,000 Boepd, 87% Liquids, 223 Boepd per 1,000 ft. Meerkat #1H Reached IP 24 of 1,823 Boepd, 56% Liquids, 393 Boepd per 1,000 ft. SAN ANTONIO, May 30, 2018 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American:LLEX), an exploration and development company operating in the Permian Basin of West

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 24, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that it has priced an underwritten public offering of 22,000,000 shares of its common stock for total estimated gross proceeds (before the underwriter’s discounts and commissions and estimated offering expenses) of $259.6 million.  The underwriters will have an option to purchase up to an additional 3,300,000 shares of common stock from the Company. Proceeds from the offering

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 24, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that it has commenced, subject to market and other conditions, an underwritten public offering of 22,000,000 shares of its common stock. The Company expects to grant the underwriters an over-allotment option to purchase up to an additional 3,300,000 shares of common stock from the Company. Proceeds from the offering are expected to

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., May 24, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that its wholly owned subsidiary, Callon Petroleum Operating Company, has entered into a definitive agreement to acquire certain producing oil and gas properties and undeveloped acreage for total consideration of $570 million in cash from Cimarex Energy Co. The Company intends to fund the cash purchase price with the net proceeds of an

Andeavor to Develop Fuel Storage Facility in Baja California

SAN ANTONIO, TEXAS – May 21, 2018 – Andeavor (NYSE: ANDV) today announced that it has completed the acquisition of the West Coast asphalt terminals of Delek US Holdings, Inc. (NYSE: DK) for a total consideration of $75 million, plus working capital. The assets, formerly the Alon Asphalt Company, include four wholly-owned terminals in Elk Grove, CA; Bakersfield, CA; Mojave, CA; and Phoenix, AZ; as well as 50 percent interest