Callon Petroleum Declares Preferred Stock Dividend

Callon Petroleum Company (NYSE:CPE) (NYSE:CPE.PrA) reports that its Board of Directors authorized quarterly dividends to be paid April 15, 2004 to shareholders of record on March 31, 2004 of its $2.125 Convertible Exchangeable Preferred Stock, Series A.

The dividend will be $0.53125 per share.
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