Callon Petroleum Company Announces New Officer Appointments

Rhea-AI Summary

Callon Petroleum Company (NYSE: CPE) announced the addition of three key executives to enhance its management team. Carrie Endorf joins as Vice President of Asset Development & Technology, Doug Genrich as Vice President of Drilling & Completions, and Angie Day as Chief Information Officer. President Joe Gatto emphasized their expertise will support critical initiatives such as resource optimization and digitalization. Endorf, Genrich, and Day bring over 20 years of experience each, aiming to drive value from Callon's resource base and improve operational efficiency.

Positive

• Addition of three experienced executives to management team.
• Carrie Endorf has 20 years of operational leadership experience.
• Doug Genrich brings over 30 years of upstream operational experience.
• Angie Day has more than 20 years in oil & gas technology.

Negative

• None.

HOUSTON, Nov. 29, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that the Company has added to its management team with three hires across areas of strategic focus for the Company. In recent months, Callon has welcomed Carrie Endorf as Vice President of Asset Development & Technology, Doug Genrich as Vice President of Drilling & Completions, and Angie Day as Chief Information Officer and Vice President of Information Technology. 

"I am excited to welcome Carrie, Doug and Angie to our team to support the advancement of critical initiatives for our continued success, including resource optimization, data analytics, capital efficiency and digitalization," said Joe Gatto, President and Chief Executive Officer. "Each of them brings proven leadership and valued technical expertise to complement our existing team as we continue to drive value from scaled development of our top-tier resource base."

Carrie Endorf brings a wealth of operational leadership to the Company, having led engineering, planning, and operations functions at Pioneer Natural Resources and Parsley Energy for 20 years. Most recently, Carrie served as Director of Reservoir Engineering and Subsurface Technology at Pioneer and as Vice President of Engineering at Parsley prior to the company's acquisition by Pioneer. Carrie earned a Bachelor of Science in Petroleum Engineering from Colorado School of Mines and a Master of Science in Global Energy Management from the University of Colorado at Denver.

Doug Genrich has over 30 years of upstream operational experience, having managed drilling and completions operations for both public and private oil and gas companies in the Permian Basin and Eagle Ford Shale. Prior to Callon, Doug served as Chief Operating Officer for Paloma Resources, where he managed the company's Mid-Continent operations in Oklahoma's Stack/Merge play. Doug has a Bachelor of Science in Petroleum Engineering from the University of Texas at Austin.

Angie Day brings over 20 years of oil & gas technology experience to Callon, most recently from EP Energy where she was responsible for all information technology functions as the company's IT Director. Prior to EP Energy, she held various roles in technology and leadership at El Paso Corporation. Angie earned a Bachelor of Business Administration in Computer Information Systems from the University of Houston Downtown.

About Callon Petroleum

Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.

Contact Information

Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200

View original content:https://www.prnewswire.com/news-releases/callon-petroleum-company-announces-new-officer-appointments-301689442.html

SOURCE Callon Petroleum Company

FAQ

What new executive appointments were made by Callon Petroleum Company on November 29, 2022?

Callon Petroleum announced the hiring of Carrie Endorf as Vice President of Asset Development & Technology, Doug Genrich as Vice President of Drilling & Completions, and Angie Day as Chief Information Officer.

How will the new management team affect Callon Petroleum's operations?

The new hires are expected to support initiatives like resource optimization, data analytics, capital efficiency, and digitalization, enhancing operational efficiency.

What is the significance of the management changes for investors in CPE?

These changes may indicate a strategic focus on optimizing operations and driving value from Callon's resource base, potentially benefiting investors in the long term.

Who are the newly appointed executives at Callon Petroleum?

The new executives are Carrie Endorf, Doug Genrich, and Angie Day, each bringing significant industry experience.