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THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENT OF CALLON PETROLEUM COMPANY FOR THE PERIOD ENDING JUNE 30, 2000, WHICH ARE PRESENTED IN ITS QUARTERLY REPORT ON FORM 10-Q, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

1,000 6-MOS DEC-31-2000 JUN-30-2000 9,330 0 13,909 0 0 24,188 614,310 369,914 283,397 42,921 0 0 10 123 127,852 283,397 23,760 24,834 0 14,443 0 0 3,846 6,545 2,226 4,319 0 0 0 4,319 0.26 0.26