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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report
April 23, 2001
(Date of earliest event reported)
CALLON PETROLEUM COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 0-25192 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)
(601) 442-1601
(Registrant's telephone number, including area code)
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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. RESIGNATION OF REGISTRANT'S DIRECTORS
Not applicable
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Not applicable
ITEM 8. CHANGE IN FISCAL YEAR
Not applicable
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ITEM 9. REGULATION FD DISCLOSURE
Callon Petroleum Company had the following positions in natural gas collar
transactions as of April 23, 2001.
CALLON PETROLUEM COMPANY
NATURAL GAS HEDGES
AS OF APRIL 23, 2001
VOLUME AVERAGE AVERAGE
MONTH (MMCF) FLOOR CEILING
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2001
April 400 $4.34 $5.43
May 400 $4.34 $5.43
June 500 $4.48 $5.60
July 400 $4.44 $5.50
August 400 $4.44 $5.50
September 400 $4.44 $5.50
October 400 $4.44 $5.50
November -- -- --
December -- -- --
2002
January 600 $4.50 $7.60
February 600 $4.50 $7.10
March 600 $4.25 $6.70
April 600 $4.00 $5.60
May 600 $4.00 $5.60
June 600 $4.00 $5.60
July 600 $4.00 $5.60
August 600 $4.00 $5.60
September 600 $4.00 $5.60
October 600 $4.00 $5.60
November 500 $4.00 $6.25
December 500 $4.00 $6.25
TOTAL HEDGED: 9,900
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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
April 23, 2001 By: /s/ James O. Bassi
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James O. Bassi
Vice President and Controller