-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PWq/Tgoz7shXfeW+nPIeDB1ypAkGwgGmiVinBZ700G3xGvhJfC0e56B09GKwJATm tF8oFqktpcmpJrMhIU7tMg== 0000950134-03-012442.txt : 20030904 0000950134-03-012442.hdr.sgml : 20030904 20030904084850 ACCESSION NUMBER: 0000950134-03-012442 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030903 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALLON PETROLEUM CO CENTRAL INDEX KEY: 0000928022 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 640844345 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14039 FILM NUMBER: 03880412 BUSINESS ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 BUSINESS PHONE: 6014421601 MAIL ADDRESS: STREET 1: 200 N CANAL ST CITY: NATCHEZ STATE: MS ZIP: 39120 FORMER COMPANY: FORMER CONFORMED NAME: CALLON PETROLEUM HOLDING CO DATE OF NAME CHANGE: 19940805 8-K 1 d08870e8vk.txt FORM 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report September 3, 2003 (Date of earliest event reported) CALLON PETROLEUM COMPANY (Exact name of registrant as specified in its charter) DELAWARE 001-14039 64-0844345 (State or other jurisdiction of (Commission File Number) (I.R.S. Employer incorporation or organization) Identification Number) 200 NORTH CANAL ST. NATCHEZ, MISSISSIPPI 39120 (Address of principal executive offices, including zip code) (601) 442-1601 (Registrant's telephone number, including area code) ================================================================================ ITEM 1. CHANGES IN CONTROL OF REGISTRANT Not applicable ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS Not applicable ITEM 3. BANKRUPTCY OR RECEIVERSHIP Not applicable ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS Not applicable ITEM 5. OTHER EVENTS Not applicable ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS Not applicable ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibits
EXHIBIT NUMBER TITLE OF DOCUMENT - -------------- ------------------------------------------------------------ 99.1 Press release dated September 3, 2003 announcing that Callon Petroleum Company has signed an agreement to participate in the formation of a limited liability company which will own a 75% undivided interest in the deepwater production spar on the Medusa Field located in the Gulf of Mexico.
ITEM 8. CHANGE IN FISCAL YEAR Not applicable ITEM 9. REGULATION FD DISCLOSURE Callon Petroleum Company made the press releases attached hereto as Exhibit 99.1 on September 3, 2003, announcing that Callon Petroleum Company has signed an agreement to participate in the formation of a limited liability company which will own a 75% undivided interest in the deepwater production spar on the Medusa Field located in the Gulf of Mexico. ITEM 10. AMENDMENTS TO THE REGISTRANT'S CODE OF ETHICS, OR WAIVER OF A PROVISION OF THE CODE OF ETHICS Not applicable ITEM 11. TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT'S EMPLOYEE BENEFIT PLANS Not applicable ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION Not applicable 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CALLON PETROLEUM COMPANY September 4, 2003 By: /s/ John S. Weatherly ------------------------- John S. Weatherly Senior Vice President and Chief Financial Officer 3 EXHIBIT INDEX
EXHIBIT NUMBER TITLE OF DOCUMENT - -------------- ------------------------------------------------------------ 99.1 Press release dated September 3, 2003 announcing that Callon Petroleum Company has signed an agreement to participate in the formation of a limited liability company which will own a 75% undivided interest in the deepwater production spar on the Medusa Field located in the Gulf of Mexico.
4 EX-99.1 3 d08870exv99w1.txt PRESS RELEASE EXHIBIT 99.1 For further information contact John S. Weatherly, CFO 1-800-451-1294 FOR IMMEDIATE RELEASE CALLON PETROLEUM COMPANY ANNOUNCES MEDUSA SPAR PARTICIPATION AGREEMENT Natchez, MS (September 3, 2003) -- Callon Petroleum Company (NYSE:CPE/CPE.PrA) announced today that it has signed an agreement to participate in the formation of a limited liability company (LLC), which will own a 75% undivided ownership interest in the deepwater production spar on the Medusa Field in the Gulf of Mexico, subject to the occurrence of certain events. Callon will contribute its 15% undivided ownership interest to the LLC and will retain a 10% ownership interest in the LLC. The LLC will earn a tariff based upon production volume throughput. The agreement is with Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation (NYSE:MUR), and Oceaneering International, Inc. (NYSE:OII). Two main conditions must be satisfied for closing of this transaction to occur. The first is that the spar production facility shall have met certain operational criteria. The second is securing non-recourse financing for at least one-half of the spar's cost. Callon expects to realize cash proceeds of approximately $25 million from the transfer to the LLC and the proceeds of the non-recourse financing. Closing of this transaction is expected to occur in the fourth quarter of 2003. The Medusa spar is moored in over 2,200 feet of water in the Gulf of Mexico at Mississippi Canyon Block 582. It is in the final stages of being outfitted for the commencement of production operations, initially from six wells. 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. This news release contains projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. # 5 -----END PRIVACY-ENHANCED MESSAGE-----