EXHIBIT 23.1


                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


         As independent public accountants, we hereby consent to the
         incorporation by reference of our report dated March 29, 2002 included
         in this Form 10-K, into Callon Petroleum Company's previously filed
         Registration Statements on Forms S-8 (File Nos. 33-90410, 333-29537,
         333-29529 and 333-47784).




                                                    Arthur Andersen LLP



         March 29, 2002
         New Orleans, Louisiana