Callon Petroleum Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	9.926M	43.80M	48.23M	52.02M	54.48M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	18.54M	15.18M	15.79M	19.02M	10.42M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets	0.994M	4.10M	10.08M	3.314M	1.247M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	29.46M	63.08M	74.10M	74.36M	66.15M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment	1.478B	1.435B	1.407B	1.380B	1.346B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation	1.221B	1.208B	1.195B	1.182B	1.166B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	257.45M	226.42M	211.66M	197.59M	180.29M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments	13.15M	13.75M	13.66M	14.63M	14.30M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	0.824M	0.718M	3.395M	2.225M	1.019M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	335.52M	304.38M	228.72M	214.44M	195.60M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	364.98M	367.46M	302.82M	288.79M	261.75M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	25.15M	26.06M	24.34M	25.07M	19.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities	1.252M	1.26M	1.372M	2.138M	5.342M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	26.40M	27.32M	25.71M	27.21M	25.07M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	124.53M	125.34M	126.14M	126.92M	127.68M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	15.29M	15.84M	15.48M	16.67M	16.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	139.83M	141.19M	141.61M	143.59M	144.26M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	166.23M	168.50M	167.32M	170.79M	169.33M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	39.41M	39.40M	39.38M	39.37M	39.14M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.394M	0.394M	0.394M	0.394M	0.391M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	325.25M	324.47M	323.69M	322.94M	322.46M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	-127.05M	-127.54M	-191.62M	-200.02M	-219.92M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	198.75M	198.96M	135.50M	118.00M	92.42M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	364.98M	367.46M	302.82M	288.79M	261.75M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro