Breakout Candidate; CPE

CPECallon Petroleum Company engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company’s properties are located in the Permian Basin in west Texas; the Haynesville Shale in northern Louisiana; and the Gulf of Mexico. As of December 31, 2011, its estimated net proved reserves totaled 15.9 million barrel of oil equivalent, including 10.1 million barrels of oil and 35.1 billion cubic feet of natural gas. The company was founded in 1950 and is headquartered in Natchez, Mississippi.

All you need to know about CPE


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