Callon Petroleum's borrowing base reaffirmed

Callon Petroleum Co.'s (NYSE: CPE) borrowing base under its senior secured revolving credit facility has remained unchanged at $250 million following its lenders' regularly scheduled semi-annual redetermination process. There were no other changes to the terms of the credit facility resulting from this borrowing base redetermination.

Callon Petroleum is an independent energy company focused on the acquisition, development, exploration, and operation of oil and gas properties in the Permian Basin in West Texas.

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