Callon Petroleum is considering strategic options amid takeover interest from rival oil and gas players, Kiel Porter, Matthew Monks and Dinesh Nair of Bloomberg report, citing people familiar with the matter. Callon has been working with an adviser to study possibilities including a potential sale, sources told Bloomberg. No final decision has been made and Callon could opt to remain independent, the people added. Shares of Callon Petroleum are up 3% to $32.72 following the report.
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