Natchez, MS (June 13, 2001) -- Callon Petroleum Company (NYSE: CPE/CPE.PrA) announced today that its Board of Directors authorized quarterly dividends to be paid July 16, 2001 to shareholders of record on June 29, 2001 of its $2.125 Convertible Exchangeable Preferred Stock, Series A.
The dividend will be $0.53125 per share.
Callon Petroleum Company has been engaged in the exploration, development, acquisition and operation of oil and gas properties in the Gulf Coast region since 1950.
For further information contact: Terry Trovato P.O. Box 1287 Natchez, MS 39121 (601) 442-1601terryt@callon.com