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Struggling Houston firm to search for oil, gas in Eagle Ford

Houston-based Callon Petroleum Co. seeks to drill four new wells in South Texas last week as it looks to reorganize its business to avoid delisting. Callon (NYSE: CPE) came out ahead on this week’s drilling permit roundup, filling more new permit applications between April 20 and 26 than any other company besides ConocoPhillips, which also filed […]

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