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03/09/20 1:59 PM

#1061 RE: fuzzy #1056

CPE's 60% OF OIL HEDGED AT $55

2020 oil volumes (2) are currently ~60% hedged at a weighted average floor of more than $55 WTI (2)

https://d1io3yog0oux5.cloudfront.net/_d0a6f549f353ab0aa31fe2de27c444de/callon/db/252/2089/pdf/IR_Slide+Deck_Amended+Merger_vF2.pdf