APA said it completed its acquisition of Callon Petroleum Company on April 1, 2024, and that this 8-K was filed to provide financial statements and pro forma financial information required under Rule 3-05 and Article 11 of Regulation S-X.

1. 01

   APA said it completed its acquisition of Callon Petroleum Company on April 1, 2024, and that this 8-K was filed to provide financial statements and pro forma financial information required under Rule 3-05 and Article 11 of Regulation S-X.

2. 02

   The Callon financial statements the company filed show total operating revenues of $563,621 thousand, income from operations of $90,733 thousand and net income of $14,912 thousand for the 3 months ended March 31, 2024, with net income of $220,638 thousand in the same period a year earlier.

3. 03

   The company said Callon's cash flow statement for the 3 months ended March 31, 2024, as filed, showed net cash provided by operating activities of $135,540 thousand, capital expenditures of $(207,829) thousand, and net cash provided by (used in) financing activities of $104,516 thousand.

4. 04

   APA said that at the closing of the merger on April 1, 2024, Callon repaid all amounts owed under its Credit Agreement totaling $472 million and repaid the 2026 Notes at $321 million, and that in the tender offers for the 2028 Notes and 2030 Notes it accepted for purchase $1.2 billion in aggregate principal amount.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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