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PENNIEStoSTACKS

03/13/20 9:43 AM

#1116 RE: PENNIEStoSTACKS #1113

"Upon closing, Gatto believes the company could add $300 million to $400 million through the sale of select Eagle Ford acreage acquired in the deal and the sale of non-operated Permian properties or the pruning of non-core Delaware Basin properties."
http://northamericanshalemagazine.com/articles/2814/permian-focused-callon-explains-merger-plans-with-eagle-ford-ep

Add that on top of what Callon already had https://www.zacks.com/registration/pfp/?ALERT=YAHOO_ZER&d_alert=ZER_CONF&t=CPE&ADID=YAHOO_CONTENT_ZER_ARTCAT_TALE_OF_THE_TAPE_276&cid=CS-YAHOO-FT-tale_of_the_tape|options-805997

And now this https://www.usatoday.com/story/money/2020/03/12/coronavirus-new-york-federal-reserve-stock-market-liquidity/5032970002

And maybe we can see that gap in the high $2's range closed by next month