Callon sets 2010 capital budget of $61.7M

02/3/2010 | Oil & Gas Journal

Callon Petroleum said it seeks to spend $61.7 million this year and has added onshore and unconventional properties to its Gulf of Mexico holdings. Major portions of the budget will be allocated to Permian Basin development and Haynesville Shale gas, and the rest will go to leasehold acquisitions and capitalized costs.

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