Callon Petroleum Names Jeffrey Balmer As COO Gary Newberry’s Successor

Callon Petroleum Co. (NYSE: CPE) said Nov. 6 that it named Jeffrey S. Balmer to succeed Gary A. Newberry as senior vice president and COO of the Permian Basin operator.

Balmer joins Callon with 30 years of operations and subsurface leadership experience in the energy industry, most recently at Encana Corp. (NYSE: ECA). Effective Dec. 10, he will succeed Newberry, Callon’s current COO who is retiring from the company after a career that spans more than 40 years in the oil and gas sector. 

Newberry has been with Callon since 2010. He had joined the Natchez, Miss.-based company following his retirement from Marathon Oil Corp. (NYSE: MRO).