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Callon sells Gulf of Mexico assets to W&T Offshore for $100M

Callon sells Gulf of Mexico assets to W&T Offshore for $100M

by on November 23, 2013

Callon sells Gulf of Mexico assets to W&T Offshore for 0M
… interests being acquired in the Medusa field was approximately 7,000 barrels of oil equivalent (1,050 barrels of oil equivalent net), of which 88% is oil; and the average net daily production from the remaining properties being acquired was …
Read more on Oil & Gas Financial Journal

Callon Petroleum selling Gulf asset for 0M
Houston-based W&T will buy a 15 percent share of the Medusa field, which produces about 1,000 barrels of oil per day, and Callon's 7.5 percent interest in the production facilities for the field. Also included in the sale are 10 shallow-water fields …
Read more on Mississippi Business Journal (blog)

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