Natchez, Miss.-based Callon Petroleum said June 13 it closed on the previously announced sale of noncore assets in southern Midland Basin for $245 million to Sequitur Permian. Callon updated its full-year guidance from 39,500-41,500 boed to 38,000-39,500 boed after this sale and a previously announced acreage trade of producing properties in Midland County.
