Callon Petroleum Co. - 2016-03-09

Closed its public offering of about 15.2 million common shares including about 1.9 million shares that underwriters purchased on March 4. Total net proceeds will repay outstanding senior secured revolving credit facility debts that supported recent acquisitions. Any remaining proceeds will support general corporate purposes including future potential acquisitions in the Permian Basin. Credit Suisse and J.P. Morgan were joint book-running managers.