Callan Jmb Share Price Today

Callan JMB CEO and team invest $1.5 million in stock at premium

CEO Wayne Williams and executives invested $1.5 million in common stock. Shares were purchased at a premium of $1.10 per share over the market price. Investment aligns with recent expansions in pharma supply chain and manufacturing. Proceeds will support strategic growth initiatives and market position strengthening.

Callan JMB signs order for $500k down payment on $28m equipment

Callan JMB signed an initial purchase order for $500,000 down payment. Total pharmaceutical manufacturing equipment commitment stands at $28 million. Projected annual revenue from the new facility is $450 million. Collaboration with TRUKING focuses on equipment procurement and distribution.

Callan JMB terminates North Dakota oil asset acquisition deal

Callan JMB Inc. terminated its APA to acquire 50% of oil and gas leases in North Dakota and Montana. Diligence conducted by Callan Power LLC was deemed insufficient to proceed with the transaction. The termination eliminates the need for the company to raise additional acquisition capital. Parties may evaluate future transactions on different terms, though no assurance is provided.

Callan JMB acquires $12.5 million Williston Basin oil and gas assets

Callan JMB acquires Williston Basin assets for $12.5 million cash plus cost reimbursement. Deal adds 377 producing wells with net production of ~150 BOE/day. Proved PV-10 estimated at $48.1 million, implying significant discount to purchase price. Transaction expected to close before October 1, 2026.

Callan JMB designates Andy Weigman as SVP at Callan Power

Callan JMB has designated Andy Weigman as Senior Vice President of Land and Acquisitions at Callan Power, effective upon closing of the previously announced Reger Oil asset acquisition. Weigman brings more than 14 years of Williston Basin experience, including nine years at Northern Oil and Gas starting in 2012. He sourced over $1 billion in potential acquisition opportunities across more than 900 wells after co-founding two non-operated oil and gas investment funds. The appointment supports Callan Power's strategy to build a repeatable non-operated working interest portfolio in the Williston Basin of North Dakota and Montana. Weigman reunites with Callan Power President Mike Reger, with whom he worked for nearly a decade at Northern Oil and Gas.

Callan JMB acquires Williston assets, appoints Michael Reger as Callan Power president

Callan JMB acquires Williston Basin assets from Reger Oil, projecting $252 million in cumulative net operating cash flow. Michael Reger, founder of Northern Oil and Gas (now valued at ~$2.9 billion), appointed President of Callan Power. Drilling program includes 23 wells in the Red River Formation, starting May 2027 with one well per month. Callan Power also plans domestic manufacturing of transformers and electrical infrastructure in Alabama.