Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Shayne Heffernan on Callon Petroleum Company NYSE:CPE

|Includes: Callon Petroleum Co. (CPE)

Callon Petroleum Company NYSE:CPE has been upgraded to a strong buy at Heffernan Capital Management, Chutinush Taksinapinunt has released a strong buy on the stock in research released today.

Callon Petroleum Company (Callon), incorporated in 1994, is engaged in the exploration, development, acquisition and production of oil and gas properties. In September 2009, the Company acquired a 70% working interest in a 577-acre unit in the heart of the Haynesville Shale play in Bossier Parish, Louisiana.

On October 28, 2009, the Company completed the acquisition of proved oil

Full Report